Music majors weigh AI licensing deals with generative startups, WSJ reports
Investing.com -- Music industry heavyweights are in advanced talks with artificial intelligence startups over licensing agreements that could reshape how artists are paid when their songs are used in AI-generated content. Universal Music Group NV (AS:UMG), Warner Music Group (NASDAQ:WMG), and Sony (NYSE:SONY) Music Group are each negotiating separately with Suno and Udio, two emerging AI platforms that use existing music catalogs to train generative models, according to The Wall Street Journal, citing people familiar with the matter.