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SoundCloud has struck a deal with AI music platform Moises, signaling another step in the industry's complicated embrace of artificial intelligence. The partnership raises familiar questions about how AI tools reshape the relationship between artists, platforms, and the listeners in between.
Meanwhile, in a move that speaks to how legacy catalogs are becoming serious financial assets, Reservoir Media has acquired the recorded music catalog of José Feliciano, the seven-time Grammy winner behind Feliz Navidad and a celebrated nineteen sixty eight cover of Light My Fire. The deal includes non-exclusive rights to Feliciano's name, image, and likeness, underlining how artist identity itself has become part of the transaction.
And on the economic side, a Wall Street Journal analysis finds that affluent and older Americans grew substantially wealthier in the post-pandemic years, widening a gap that was already significant. The data points to asset appreciation, particularly in real estate and equities, as the primary driver, raising durable questions about who recovery actually reaches and who it tends to leave behind.
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