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Reddit’s Strategic Play Lands it a $60M Content Licensing Deal Before IPO

IT Toolbox

Content licensing deal for AI training is thus the new business model on the block. The post Reddit’s Strategic Play Lands it a $60M Content Licensing Deal Before IPO appeared first on Spiceworks. They can offer a legal high ground and allow companies like Reddit to reduce their advertising dependency, much to the delight of users.

Licensing 264
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NYT Sends Perplexity Cease-and-Desist Letter Over AI

Information Week

The newspaper says the company uses its writing without permission, according to a Wall Street Journal report -- as other media companies forge lucrative deals with AI companies to license copyrighted material.

Journal 187
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Music-licensing startup Audiosocket hits play on effort to get more digital creators using its products

GeekWire

Founded in 2009, Audiosocket is seeing growth of its music licensing software products used by social media creators, movie production studios, and others. Some of the artists on the music licensing platform Audiosocket. Audiosocket Image) The company has raised $3.5

Licensing 124
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Sports Illustrated publisher Maven raises $24M to help Seattle media tech startup expand

GeekWire

Maven , the Seattle-based media company that publishes Sports Illustrated, raised an additional $24 million to help fuel expansion and reduce its debt. Licensing firm Authentic Brands Group, which bought Sports Illustrated in May 2019 from Meredith Corp., Maven CEO Ross Levinsohn. Maven Photo).

Sports 144
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After fan outcry, Wizards of the Coast will leave its original open license in place

GeekWire

would seek to deauthorize and replace its Open Game License (OGL), a public copyright notice from 2000. It will also officially make the base mechanics of Dungeons & Dragons publicly available via a Creative Commons license, as mentioned on Jan. is now available under a Creative Commons license.? And we’ve listened.

Licensing 127
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Arkansas just passed an age-verification social media law with some confusing exemptions

TechSpot

The law requires social media companies that earn more than $100 million in annual revenue to work with third-party services to verify new account holders' personal information. This is done using "any commercially reasonable age verification method" or government-issued IDs such as photo IDs or driver's licenses.

Media 115
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Wizards of the Coast reverses stance on controversial licensing revision following outcry

GeekWire

The policy shift concerns the Open Game License (OGL), a public copyright notice that Wizards of the Coast, headquartered in Renton, Wash., 12, resulted in several social media campaigns to boycott playing D&D in favor of other RPGs, and to send a message to Wizards by canceling subscriptions to its digital storefront D&D Beyond.

Licensing 127