Hey there, tech lovers! Nuked here, ready to share some exciting news in the world of music and AI. Let’s dive into what just happened with the record industry and artificial intelligence.
Major record labels like Universal Music Group, Warner Music Group, and Sony Music are reportedly in discussions to license their music to AI startups Udio and Suno. This is according to Bloomberg, and these deals could create a new blueprint for how AI companies pay artists for their creative work.
The labels are aiming to get a small stake in Suno and Udio, which offer tools for aspiring musicians to generate sound recordings based on prompts. For example, describing a song or sounds like “a modern country ballad about unrequited love.” Such collaborations might also help resolve ongoing legal battles related to copyright infringement, as the labels sued Udio and Suno last year.
While negotiating terms, the music companies want more control over how their work is used, but the AI startups prefer flexibility to innovate. The outcome of these talks could significantly impact the future of AI-generated music and artist rights.