US EditionUniversal Music, Warner Music nearing AI licensing deals, FT reports
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15 Articles
FT reports Universal, Warner Music closing in on AI licensing deals
Universal Music (UMG.AS) and Warner Music (WMG.O) are nearing landmark artificial intelligence licensing deals, the Financial Times reported on Thursday, citing people familiar with the matter. Universal and Warner could each strike deals with AI companies within weeks, the newspaper said. Talks involved start-ups such as ElevenLabs, Stability AI, Suno, Udio and Klay Vision, the report said, adding that the music companies are also in talks with…
Universal Music, Warner Music nearing AI licensing deals, FT reports
(Reuters) -Universal Music and Warner Music are nearing landmark artificial intelligence licensing deals, the Financial Times reported on Thursday, citing people familiar with the matter. Universal and Warner could each strike deals with AI companies within weeks, the newspaper said. Talks involved start-ups such as ElevenLabs, Stability AI, Suno, Udio and Klay Vision, the report said, adding that the music companies are also in talks with large…
Universal Music and Warner Music, two heavyweight companies in the industry, are just a few weeks away from finalizing major licensing agreements with artificial intelligence companies. These partnerships could redefine the way music is created, consumed and, above all, monetized in the AI era, building on the business model of streaming.
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