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Beverly Hills, California, United States
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Salt AI
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Dan Rayburn
At Apple’s WWDC, the company announced that AVPlayer now supports the Common Media Client Data (CMCD) standard, allowing CDNs to do Quality of Service (QoS) monitoring and delivery optimization. While the standard allows three different modes for transmitting the data, AVPlayer uses only the preferred mode - as HTTP request headers. AVPlayer implements most of the keys. The keys content ID ('cid'), requested maximum throughput ('rtp'), and top bitrate ('tb') are not supported. One extension is included. The streaming format key ('sf') will return the value 'lh' for a LL-HLS stream rather than 'h' (HLS). Developer document: https://lnkd.in/e3EshBgF Hat tip to Edgio, the first I saw to point out the news.
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7 Comments -
Ismet Osman
Trustwise, a startup specializing in generative AI safety, has secured $4 million in seed funding from Hitachi Ventures, Firestreak Ventures, and Grit Ventures. The funding will be used to accelerate the development of generative AI prototypes that are cost and risk optimized. Trustwise's flagship product, Optimize, aims to mitigate risks and manage costs associated with deploying large language models in high-stakes environments. The company's approach focuses on API-based solutions that reduce operational costs and carbon footprint while improving safety and alignment with regulatory standards. Trustwise's Optimize product has already demonstrated promising results in reducing costs and improving safety in customer deployments. This funding is positive for the generative AI industry as it supports the development of safer and more cost-effective AI solutions. #generativeAI #AI #funding
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Chris Erwin
Dude Perfect raised $100M for global biz expansion. The deal is getting lots of buzz, but our team’s math signals challenges ahead. Let’s break it down… DEAL DETAILS • $100 - 300M growth capital investment • Led by Highmount Capital • Unclear if 100% invested upfront OR draw down of commitment over time • No previous capital raised USE OF FUNDS • Hire mgmt team to expand biz • More live experiences incl int’l tour, consumer products • Grow content formats, frequency, channels, global localization e.g. animation, TV, movies, streaming • Extend brand beyond 5 founders by building talent network • New HQ in Frisco, TX as prod facility and “family-friendly entertainment destination”: – Retail store, podcasts / gaming / fan UGC spaces, trick shot tower, DP museum, mini golf, restaurants – Original plans for 3-story, 30 acre facility est to cost $100M+, 2 yrs to build COMPANY OVERVIEW: Dude Perfect • Digital-native comedy and sports media brand • Faith-based mission: “We’re about giving back, spreading joy and glorifying Jesus Christ” • Other YouTube franchises: “Stereotypes,” “Overtime”, “Bucket List” • Media brand also incl books, mobile games, board games and toys, and merch / retail / food and beverage partnerships • 25 current team members PERFORMANCE HIGHLIGHTS • 60M YouTube Followers, 17B views • Est 2024 revenue: $50M per DP • Est 2023 and 2022 revenue: $25M and $20M per WSJ • Consumer product partnerships incl Nerf toy line, Columbia Sportswear • Partnered with A Parent Media co to launch a streaming service • ESPN “30 for 30” doc premiering at Dallas Int’l film festival • TV series on CMT in 2016, later aired on Nickelodeon • Alternate broadcasts for Amazon’s Thursday Night Football • 4 live nationwide tours as of 2023 ORIGIN STORY • Founded 2009 by 5 friends at Texas A&M • Cofounders = twins Coby Cotton and Cory Cotton, Tyler Toney, Cody Jones, Garrett Hilbert • Started as YT channel featuring trick shot videos INVESTOR OVERVIEW: Highmount Capital • Growth stage and middle mkt PE fund for tech, media, healthcare • Founded in 2023 by jason illian and David Hawkins • 4 team members on website + advisor • 3 team members have faith-based ties per bios • No other investments listed on website other than DP My takeaway... I really like and support the trend of increased investment into YouTubers and digital-native media brands. But as I wrote about in my 2024 State of Creator x Media capital markets reports (will link them below), investment must match market and opportunity size. To ensure good ROI, and to set good precedent for future investment into our space. The DP bet is exciting, but could be overly optimistic based on our prelim math. My colleague Michael Booth's post breaks the math down (link below). More analysis to come in my Friday newsletter. —- I’m the founder of RockWater Industries. We do m&a and strategy advisory for media, agencies, and creator economy. My dm’s are open. #media #agency #creatoreconomy
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Geraldo Ramos
AI:OK is launching at a crucial time when the field of AI is rapidly unfolding in new and exciting, yet undoubtedly complex ways. Emergent technologies that are innovative and transformative rightly face scrutiny and challenges as they forge a sustainable path forward. It's wonderful to see the industry come together to collectively and collaboratively determine a framework of ethical use of AI. AI:OK's aim to identify ethically aligned music products, and instill confidence from all industry stakeholders is very much in alignment with Music.AI's mission, and we are delighted to lend our support to the initiative. https://lnkd.in/dkA_e7pp Martin Clancy #AI #ArtificialIntelligence #EthicalAI #AIEthics #Innovation #MusicIndustry #TechTrends #SustainableTech #MusicTech #FutureOfAI
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Angela Dalton
Join Bits of Signum, Creator Stories for an enlightening conversation with serial entrepreneur Le Zhang, Founder of Spaceport.xyz and ARK Investment Management LLC's Nicholas Grous - thanks to you both! Spaceport sits at the intersection of several areas of our exploration, namely #IPrights, #web3, #UGC, Roblox, Fortnite. https://lnkd.in/eFypjk99 Signum Growth Thesis: We believe that IP rights protection will be baked into the technology at some point in the future. Currently, we are in a period of early experimentation, and we are seeing a lot of cool AI creations. We are also in a sea of IP rights infringements. The industries of video games and entertainment depend heavily on rights, which generate a lot of value - $350 billion referenced by Le Zhang in the podcast. Blockchain technology is uniquely suited to solve this problem. We are deep in the Polkadot ecosystem so please ask us about this. Bottom line: if we thought that Cambridge Analytica was scary, AI will take the level of fake news and inauthenticity to a national security threat level. Why wouldn’t we seek a cryptographic backing of truly authentic digital IP? Spaceport was started to build tools for brands and IP owners allowing them to license content legally, starting with Roblox and Fortnite UEFN. If a creator wants to build a game using Pikachu, they will be able to do this legally. Spaceport vision: to become the IP licensing layer of the metaverse, not just for UGC platforms, but all gaming applications, digital applications and even real world applications. Web3 technology tackles IP rights! We dove into a fun example of a physical Pachimari keychain ($5), valued lower than an identical digital version in Overwatch 2 ($10), a perfect demonstration of the evolving value of physical and digital items as we spend more time online. We wonder if this is the audience value? Finally, we touched on the ways in which DMCA takedowns are evolving, and stay tuned for Spaceport news on democratizing IP rights creation across Roblox and Fortnite! We hope you will listen in and let us know your thoughts? Thanks from me & the SGC team`> Keshav Holani, Eliza Jappinen, Karen Bader. Also, please subscribe to the Bits of Signum Substack and interact with us there! https://lnkd.in/eqANk5K5
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Michael Martinez
PSA for CEOs: It’s your job to understand what potential acquirers want. Even if you’re not looking to sell yet. This idea was top of mind for me during GDC, where I met with several bigger studios. I took every opportunity to ask how they think about acquisitions: - What makes a potential acquisition interesting to them? - What thresholds do studios have to meet? - What metrics do they value most? This type of forward-looking market exploration is a shift for me. My primary focus for the last four years has been building FunCraft into a successful business. But my role needs to evolve. While FunCraft is growing and thriving independently, it’s still my responsibility to gauge what could make us an attractive acquisition down the road and understand how we build toward it. My advice to other CEOs: If an acquisition is something you can envision for your company down the road, don't plan for it in a silo. Talk extensively with potential acquirers and let their input inform your strategy early on.
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Peter Csathy
My next "the brAIn" newsletter comes out early tomorrow, Monday, morning - all about how generative AI is transforming the #media and #entertainment industry (and all creatives in it). Think you will like this one. Packed with "news you can use" (and my detailed analysis of a key issue that virtually no one is talking about ... but should be). SUBSCRIBE HERE FOR FREE https://lnkd.in/gtsk8AH8 #music #hollywood #generativeAI #AI #tech #thebrainnewsletter
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Ross Hale
Using AI & ML to drive predictive outcomes in the Media & Entertainment industry has been a trend for quite some time. A few years ago Lionsgate came to us to help build an AI/ML solution that would enable their executives to make data driven decisions on their film slate. Decisions like: which films to green light, when to release them and which actors to cast in starring roles. Is this effort still relevant in the age of Gen AI? Absolutely. In fact, the time and cost associated with building accurate predictive models has never been lower. Starting with large transformer-based foundation models is cheaper, faster, and requires much less training data to get to launch. Check out how we did it: https://lnkd.in/g6UP7kva
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Montese Jordan, MBA
HYBE, the South Korea-based entertainment giant, is diving deeper into artificial intelligence in music with the launch of SYNDI8, a virtual pop group. Developed using AI technology from Supertone, majority-owned by HYBE, SYNDI8 features hyper-realistic voices that aim to blur the line between human and AI-created music. This initiative aligns with HYBE Chairman Bang Si-Hyuk's vision of exploring non-human entities in music creation. SYNDI8, comprising virtual members like Canary and Goyo, operates within the virtual world 'Nansy Land', showcasing Supertone's advanced NANSY model for lifelike voice synthesis. https://lnkd.in/gMikTzQF #HYBE #SYNDI8 #AImusic
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Mark Fielding ✍️
🚀Free NFT update 🚀 Are you really part of the #web3 avant-garde if you don't own at least one podcast NFT? Over on Farcaster, Lens and Zora, far from the web2 brands who still think it's 2022, NFTS are once again about art. Writing, music, film... podcasts. It's experimental, but it's working. Thousands of Podcast NFTs for shows such as UFO, Mint, Coop, Unchained, and Rehash are being minted daily. Is it going to bring down the walls of Spotify? No. Of course it isn't. It's never been a zero sum game; it's not about destroying the gatekeepers and tearing down the ivory towers. NFTs give you a choice. - Ownership - Distribution - Curation - Community If you want to experience how easy the process is, mint the latest episode of Thinking on Paper with Heale CEO Todd Haselhorst right here - https://lnkd.in/eBPrSzVn And you can get the answer to two blockchain solutions with one stone. Mint an NFT podcast, and learn how blockchain technology is revolutionizing logistics to be cheaper, faster, and smarter. #nfts #logistics #podcasts
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Kevin Rivers
I’m going to give you guys the blueprint of how I believe the music industry is going to go: First was Fan Interaction: Where fans were able to buy music through vinyl, cassettes, and CDS. Fans were able to discover new music through traditional radio and cable TV which increased opportunities to interact with new music from breaking artists. With the advent of social media and music streaming came the next wave which is Fan Engagement: Now fans can actually engage with music through home videos which became a viral engine through platforms like YouTube and TikTok. Music streaming platforms like Spotify were able to simplify Fan Interaction through user generated fan-made albums (playlists) and discovery through algorithmic recommendations. Now, with generative AI comes a unique opportunity I call Fan Participation: For the first time in the history of the music business, fans can become part of the creative process and work with artists on a much more deeper level. Artists can earn royalties through the creative imagination of the fans. I look at Grimes AI as a perfect example of this. There are so many applications and possibilities that is untapped and riped for innovation. Instead of looking at it like Napster 4.0, majors need to take a double look at new AI technologies that can enhance the fan participation experience. Music used to be an art form where certain creators can benefit. Now with AI, the art can be shared and collaborated with the fans. This not only increases fan engagement but also fan interaction as well. It’s a triple-win for major record companies and large indies.
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Premesh Purayil
Introducing PrebidServer.io by Premtech – Coming Out of Stealth! I'm excited to finally unveil PrebidServer.io, a solution developed from years of insights and the evolving needs of digital advertising. Why PrebidServer.io? Despite the mixed success with traditional Prebid Server implementations, the need for more sophisticated ad stacks is undeniable. As we approach the end of third-party cookies, the shift from client-side to server-side auctions becomes crucial. PrebidServer.io is designed to make this transition seamless and advantageous for publishers looking to reclaim control over their ad revenue strategies. What We Offer: - Seamless Integration: A pure SaaS solution that works with any client-side Prebid.js with just one tag. Integrate with any prebid js client whether its your own or another vendors. - Transparent Pricing (SaaS): As an engineer, I believe in fair pricing. Our model charges the same, whether your CPMs are $0.50 or $50. - Customizable Portal: Easily choose how to run demand—client vs. server—and execute A/B tests directly from a simple portal. - AI-Driven Optimization: Our AI automatically optimizes for user experience and revenue, finding the best segments for server-side traffic. - Advanced Reporting: Gain detailed insights with our comprehensive metrics such bid rates and bid CPMs to identify performance hotspots. No Adjustments Needed: Simply drop your tag, and our system takes care of the rest, shaping your Prebid demand without any need for code tweaks. Join Our Beta Program: We're expanding our beta, soon to include AMP/Video capabilities and options for self-hosting. If you're looking to advance your ad solutions with cutting-edge technology, let’s connect.
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23 Comments -
Devonte'a Hoyle
🎵 Unveiling Spotify's Enhanced Royalty Model: Embracing Equity and Integrity 🎵 Responding to the dynamic music streaming landscape, Spotify is implementing significant adjustments to its royalty system. These changes streamline operations, combat fraud, and ensure fair compensation for artists. Key Updates: 📈 Minimum Threshold for Royalty Eligibility: Tracks must now achieve 1000 streams from at least 50 unique listeners within 12 months to qualify for royalties. This ensures fair distribution to artists with genuine engagement. 🚫 Fighting Streaming Fraud: Spotify is introducing penalties for artificial streams. If 90% of a stream is deemed artificial, a $10 charge will be applied, targeting bot-generated plays and identity theft. 🔊 Guidelines for Noise Tracks: Minimum two-minute length requirements are set for noise recordings, with these streams valued at one-fifth of the regular rate. Genres impacted include white noise, nature sounds, and ASMR. These updates underscore Spotify's commitment to fairness and transparency. As the platform evolves, it remains dedicated to supporting artists and fostering equity in the music industry. Stay tuned for more insights on Spotify's evolving royalty model. 🎶
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Eric Davich
𝐓𝐡𝐞 𝐬𝐢𝐥𝐯𝐞𝐫 𝐥𝐢𝐧𝐢𝐧𝐠 𝐨𝐟 𝐚 𝐟𝐚𝐢𝐥𝐞𝐝 𝐝𝐞𝐦𝐨 This past Monday, I had the incredible opportunity to demo and pitch Jammy to over 100 investors at NY #TechWeek AI Demo Day. Two weeks ago, thanks to Cindy Berman, I found out about the event and hesitated to sign up, doubting our product’s readiness. However, I saw it as a chance to push our limits. After a screening with Shriya Nevatia we were one of eight companies chosen, and I had to figure out how to demo our work-in-progress app and deliver an eight-minute pitch. I prepared thoroughly and felt confident. On the day, Dorothy Chang informed me I’d be the first presenter, which made me both nervous and excited. The pitch went well until the live demo. When showcasing Jammy’s ability to recommend post-session music, the integration failed despite my preparation. I still finished the presentation, landing the vision for Jammy and with congratulations and consolation from my peers: “live demos always break,” they said. It helped. Though I didn’t win the $50K prize, I secured a check from an angel investor, generated interest from several others, and met amazing founders in AI. The winning pitch went to the highly deserving CAPSULE, who is set to revolutionize contextual visual shopping search (like Shazam for shopping). Very cool. This experience highlighted the value of taking risks and the importance of failing forward. It also reminded me of the supportive NY Tech and entrepreneurial community. The journey can be lonely, and many dismiss community events and networking as distractions from the "real work." While that might sometimes be true, Monday night was a reminder that we’re not alone in this journey. We all want to see each other succeed in building the - extremely AI-infused - future we envision. On to the next challenge! And definitely check out these amazing companies & founders: Glist, Gülin Yilmaz (Posokhow), Path, Soar.com, Abood Hannoon, DeepLeads.ai, pre.dev, and In The Loop
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Kevin Rivers
Interesting article from Stef Van Vugt of Fruits Music. I agree with this 100%. The record companies are staring at their holy grail and instead of embracing it, they’re acting like it’s Napster 1999. Generative AI has made it too easy for the labels to not only increase their market share but also establish a new form of media consumption: fan participation. If anything, like they did with Spotify, it wouldn’t surprise me if they start owning substantial equity in these AI startups to derisk the downsides. Even if the labels did sue all the AI startups into oblivion (and win), like Napster, the underlying technology isn’t going anywhere and the consumer behavior is rapidly moving from social engagement to collaborative discovery. https://lnkd.in/gz7dERXM
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