"Universal Music Group says it has made "industry-first strategic agreements" to "settle copyright infringement litigation" with AI startup Udio and license music for a new AI-powered music platform. The move is one of several anticipated licensing deals expected to land in the next few weeks as the sector grapples with how to handle AI. The deal includes some form of compensation and "will provide further revenue opportunities for UMG artists and songwriters," Universal says."
"Universal, alongside other industry giants Sony and Warner, sued Udio and another startup Suno for "en masse" copyright infringement last year. Universal - whose roster includes some of the world's biggest performers like Taylor Swift, Bad Bunny, and Ariana Grande - says the new tool will "transform the user engagement experience" and let creators customize, stream, and share music. There's no indication of how much it will cost yet."
Universal Music Group reached strategic agreements to settle copyright litigation with AI startup Udio and to license music for a new AI-powered platform. The deal includes compensation and will provide further revenue opportunities for UMG artists and songwriters. Udio will launch the platform as a subscription service next year and will keep its existing music maker available during the transition. Content created by the tool will be held within a walled garden and will receive security measures such as fingerprinting. Universal previously sued Udio and Suno alongside Sony and Warner over alleged mass copyright infringement.
Read at The Verge
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