Common Music and Warner Music, report labels whose catalogs embrace Taylor Swift, Ariana Grande, and Charli XCX, are inside weeks of placing licensing offers that might redefine how the music trade handles the AI period, according to the Financial Times.
Talks are underway with tech heavyweights like Google and Spotify and a slew of AI startups together with Klay Imaginative and prescient, ElevenLabs, and Stability AI, the report says. Some — notably music-generating ventures Suno and Udio — are actively involved in copyright disputes with the labels.
Negotiations have reportedly targeted on how labels license their songs for coaching AI fashions and creating AI-generated music. Compensation is an enormous a part of it, and labels are apparently pushing for one thing like streaming, the place every play earns a micropayment. To make this work, AI firms would want to develop software program to trace how and when music is used.