TLDR:
- Technology is transforming the music industry, offering new opportunities and challenges.
- 14 music-tech startups are shaping the industry amidst the rise of AI.
Technology is revolutionizing the music industry, making it easier for artists to collaborate, distribute music, and connect with fans. Platforms like Audius, Highnote, and IRCAM Amplify are leading the way in providing innovative solutions for musicians. With the rise of generative AI, concerns about artist compensation and copyright protection are also emerging. Despite these challenges, the industry is benefitting from the tech revolution, generating billions in revenue from streaming platforms. This article highlights 14 music-tech startups that are making a significant impact on how music is created, distributed, and consumed.