Music’s biggest labels are weeks away from major AI licensing deals
The article discusses the impending licensing deals between major music labels and tech companies, as well as AI startups, regarding the use of music in AI-generated content. Universal Music Group and Warner Music, home to artists like Taylor Swift and Ariana Grande, are reportedly in the final stages of negotiations with companies like Google, Spotify, and AI startups such as Klay Vision, ElevenLabs, and Stability AI. The talks focus on how labels will license their music for training AI models and creating AI-generated music, with a particular emphasis on compensation, potentially similar to the streaming model where each use earns a micropayment. To facilitate this, AI companies would need to develop software to track the usage of music. The article also mentions ongoing copyright disputes between some AI startups, such as Suno and Udio, and the music labels.
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