Meta and Universal Music Group Expand Licensing Agreement, Focus on AI-Generated Music
Meta and Universal Music Group (UMG) announced the expansion of their licensing agreement to a new global multi-year deal on Monday. The new agreement includes new monetisation opportunities for the music label, artists and songwriters as well as focuses on the unauthorised use of AI-generated content. The latter part refers to the usage of artificial intelligence (AI...
Meta and Universal Music Group (UMG) announced the expansion of their licensing agreement to a new global multi-year deal on Monday. The new agreement includes new monetisation opportunities for the music label, artists and songwriters as well as focuses on the unauthorised use of AI-generated content. The latter part refers to the usage of artificial intelligence (AI...
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