"Universal Music and Warner Music, record labels whose catalogs include Taylor Swift, Ariana Grande, and Charli XCX, are within weeks of striking licensing deals that could redefine how the music industry handles the AI era, according to the Financial Times. Talks are underway with tech heavyweights like Google and Spotify and a slew of AI startups including Klay Vision, ElevenLabs, and Stability AI, the report says."
"Some - notably music-generating ventures Suno and Udio - are actively involved in copyright disputes with the labels. Negotiations have reportedly focused on how labels license their songs for training AI models and creating AI-generated music. Compensation is a big part of it, and labels are apparently pushing for something like streaming, where each play earns a micropayment. To make this work, AI companies would need to develop software to track how and when music is used."
Universal Music and Warner Music are negotiating licensing deals with tech companies including Google and Spotify and AI startups such as Klay Vision, ElevenLabs, and Stability AI. Some music-generating startups, including Suno and Udio, are engaged in copyright disputes with the labels. Negotiations center on licensing songs for training AI models and creating AI-generated music. Labels are seeking compensation models similar to streaming, where each use triggers a micropayment. Implementing such payments would require AI companies to build tracking software to record how and when music is used. These deals may establish standards for AI use of recorded songs.
Read at The Verge
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