Universal Music, Warner Music nearing AI licensing deals, FT reports

Universal Music, Warner Music inch closer to strike 'landmark' AI licensing pacts - FT (WMG:NASDAQ)

Universal and Warner Music near landmark AI licensing deals, shaping how songs train AI models. Discover what this means for the music industry.

Music’s biggest labels close in on AI licensing deals that could reshape the industry

The enormous record labels reportedly want a deal with AI companies featuring streaming-inspired payments.

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…