Universal Music, Warner Music nearing AI licensing deals, FT reports
Item 1 of 2 The logo of Universal Music Group (UMG) is seen at a building in Zurich, Switzerland July 20, 2021. REUTERS/Arnd Wiegmann
Universal and Warner could each strike deals with AI companies within weeks, the newspaper said.
Sign up here.
Reuters could not immediately confirm the report. Universal, Warner, Google and Spotify did not immediately respond to Reuters request for comment.
The growing use of generative AI in creative industries has triggered a wave of lawsuits, with artists, authors and rights holders accusing AI firms of using copyrighted material without consent or compensation to train their models.
The deal talks have centred on how the labels license their songs for creating AI-generated tracks and for training large language models, the report said.
The music companies are seeking a payment structure similar to that for streaming, whereby playing a song triggers a micropayment, the report added.
Reporting by Nilutpal Timsina in Bengaluru; Editing by Janane Venkatraman
Our Standards: The Thomson Reuters Trust Principles.
