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

IT Toolbox

Almost a year after Reddit made difficult changes to monetize its data at the expense of losing some important users, the company reportedly secured a $60 million deal. Content licensing deal for AI training is thus the new business model on the block.

Licensing 264
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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. Now the company is making a play to startups that need music for their games, apps, creator tools, metaverse worlds, and more. Audiosocket Image) The company has raised $3.5

Licensing 125
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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 105
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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 126
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Unity’s Marc Whitten shares apology note following backlash to controversial licensing policies

GeekWire

(LinkedIn Photo) After more than a week of controversy, Unity Technologies posted an apology letter to its community and promised to undo or rollback many of the changes it had planned to make to the licensing agreements for its game engine Unity. Unity, which has an office in Bellevue, Wash., 17 promise to reverse course.

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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 125
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Facebook offered to license its network and code to avoid antitrust action

The Verge

In the wake of the groundbreaking Federal Trade Commission lawsuit against Facebook, The Washington Post is reporting new details of the company’s negotiations with regulators in the run-up to the case, including an unusual offer to license its code and network to competitors.

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