May, 2025

May, 2025

Newsom Willing to Work With Trump on $7.5B Federal Tax Credit for U.S. Film Industry
With Hollywood reeling from the potential cataclysmic effects of Donald Trump‘s calls for 100 percent tariffs on non-U.S. produced movies, California Gov. Gavin Newsom sprung into action on M...

AI Adoption Projected to Boost Media Industry Revenue by 10%
A new report from Ernst & Young suggests that artificial intelligence could bring measurable financial benefits to the media and entertainment industry, predicting a 10% increase in revenue and a 15% ...

U.S. Urges Breakup of Google Ad Businesses
Google should sell two of its ad businesses to address antitrust issues, the U.S. Justice Department said in a court filing after a federal judge ruled last month that the tech giant had created a mon...

WMG launches Pulse app for artists to track streams, earnings, and fan engagement
Warner Music Group has launched a new app called WMG Pulse, described as a “powerful new platform that puts clear, meaningful insights into the hands of artists and songwriters”. The app lets W...

Trump Promises to Extend TikTok Ban Deadline Again
President Trump has stated he would extend the TikTok sale deadline yet again to avoid a ban of the platform in the US. It’s unclear if any negotiations with ByteDance will be successful—especiall...

Downtown Licenses Content to Audius Blockchain Platform
The deal encompasses both the recording and publishing side of Downtown’s business, and paves the way for millions of licensed recordings from Downtown’s extensive catalog to be added to Audius. ...

Merlin Officially Joins the Music Fights Fraud Alliance
Months after bringing on its first director of content integrity, Merlin has officially joined the Music Fights Fraud Alliance (MFFA). Established in 2023, Music Fights Fraud, in keeping with its name...

ZKsync X hacker posts false SEC probe in apparent effort to crash token
The X account of the Ethereum layer 2 network ZKsync and its developer Matter Labs were compromised early on May 13, with hackers falsely claiming the network was being probed by US authorities, among...

Anchorage Digital buys Mountain Protocol, USDM stablecoin winds down
Crypto bank Anchorage Digital has expanded its stablecoin offerings with the acquisition of Mountain Protocol, a stablecoin issuer that says it will begin winding down its main stablecoin, Mountain US...

Dogecoin traders predict 180% DOGE price rally if Bitcoin gains continue
Key Takeaways: Dogecoin's 38% surge reflects strong market demand, with spot-buyer volumes taking charge since March. A bullish MACD crossover has traders predicting a 180% rally, with targets at $0.6...

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