Key Developments

In April 2024, ai, India's first and only AI-backed, new age, web-based disruptive music tech startup, developed an AI-powered platform that enables podcast, video, and game creators to generate unique, royalty-free background music for their commercial content. The platform, which was founded by Mansoor Rahimat Khan and Siddharth Bhardwa, offers a range of innovative features that empower creators to produce high-quality music. Through Beatoven.ai's web-based application, content creators can create and customize tunes with the help of the platform's vast and varied library of mood-based tunes spanning multiple genres.
In September 2023, USEN Corporation, a leading Japanese media and telecommunications company, will partner with TTNE Co., Ltd., a manufacturer of saunas and sauna-related products, to begin distributing three original music channels targeting sauna facilities and home sauna rooms. The channels will be themed "Sauna Tomote*1 Music", providing curated musical content to enhance the sauna experience for users.
In March 2023, Mood Media, the world's leading experiential media company that maximizes the Customer Experience and provides value for businesses and brands worldwide, acquired Vibenomics, the leading in-store digital advertising solution provider. The financial terms of the transaction were not disclosed.
In November 2022, USEN-NEXT HOLDINGS, a leading provider of entertainment and media solutions in Japan, and Recochoku, the country's largest music distribution platform, collaborated to launch WEDDING MUSIC BOX. This comprehensive web and mobile application-based background music (BGM) service package was designed to simplify the management of music for wedding ceremonies and receptions.