#Latest news with #SonyMusicGroupWall Street Journal3 days agoBusinessWall Street JournalUniversal, Warner and Sony Are Negotiating AI Licensing Rights for MusicMajor music companies are negotiating licensing deals with two startups that could set a new precedent for how songs are used and artists are paid for remixes generated by artificial intelligence. Universal Music Group, Warner Music Group WMG -1.33%decrease; red down pointing triangle and Sony Music Group want to be compensated by startups Suno and Udio when music by artists they represent is used to train generative AI models and produce new music, according to people familiar with the talks.
Wall Street Journal3 days agoBusinessWall Street JournalUniversal, Warner and Sony Are Negotiating AI Licensing Rights for MusicMajor music companies are negotiating licensing deals with two startups that could set a new precedent for how songs are used and artists are paid for remixes generated by artificial intelligence. Universal Music Group, Warner Music Group WMG -1.33%decrease; red down pointing triangle and Sony Music Group want to be compensated by startups Suno and Udio when music by artists they represent is used to train generative AI models and produce new music, according to people familiar with the talks.
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