Universal Music Group (UMG) – the world’s largest music company and whose catalogue includes Taylor Swift (main picture), ABBA, Bon Jovi, Frank Sinatra, Ariana Grande, and thousands of other world-famous and timeless artists – are set to create and release AI music from now.
The company has teamed up with Udio, an AI-powered music creation platform, to announce “industry-first strategic agreements”, under which the companies settled copyright infringement litigation and will collaborate on an “innovative, new commercial music creation, consumption and streaming experience”.
In addition to the compensatory legal settlement, the new license agreements for recorded music and publishing will provide further revenue opportunities for UMG artists and songwriters.
The new platform, which will be launched in 2026, will be powered by new cutting-edge generative AI technology that will be trained on authorized and licensed music. [Read more…] about World’s largest music company to release AI music from now on