Summary
The biggest music labels, Sony, Warner, and Universal, have made AI music licensing agreements with Klay Vision, a startup. These deals are part of changes in the music industry, where AI is used more often to create music. The agreements aim to create new music experiences while respecting the rights of artists.
Key Facts
- Sony, Warner, and Universal have signed AI licensing deals with Klay Vision.
- Klay Vision is based in Los Angeles and focuses on AI-driven music experiences.
- The deals will use AI to enhance music experiences while respecting artist rights.
- Klay has developed a large music model trained on licensed music only.
- AI-generated music is becoming popular, with some AI "singers" gaining millions of streams.
- Sony, Warner, and Universal previously sued AI tool makers for copyright issues but are now reaching agreements.
- Warner and Udio plan to launch a licensed AI music service in 2026.
- Universal Music Group has a similar agreement involving AI with Udio.
- On the stock market, Sony, Warner, and Universal saw slight declines in share prices.
