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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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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 102
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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. On TikTok, the video-sharing social giant, Audiosocket’s artists are trending, amassing more than 300 million views this year.

Licensing 124
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Nintendo's updated social media guidelines target modified games, leaks from data mining

TechSpot

Nintendo's Game Content Guidelines for Online Video & Image Sharing Platforms, which have been updated for the first time since 2018, now include a section that states it will target: " features unauthorized game consoles and/or software not licensed by Nintendo or features video, images, sound sources, etc., that cannot.

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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 122
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Facebook strikes News Corp deal to license news from Australian media outlets

The Verge

Facebook last month shut off the ability for Australian users and media organizations to share news links in the country , and now it seems the company’s extraordinary measure has resulted in a compromise for the most interested parties as media giant News Corp has struck a licensing deal with the social network.

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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.,