Warner Music CEO says "creation-based" revenue for artists and songwriters set to grow
The music industry's streaming transition prepared it to turn AI's copyright threat into a new licensing model.
TL;DR
- Warner Music Group (WMG) has partnered with AI music startup Suno to create co-created AI music models.
- This deal enables WMG artists and songwriters to earn revenue from AI music creation, not just consumption.
- WMG artists will share in revenue from Suno's paying subscribers, with potential for growth as other AI partners launch similar models.
- WMG, Sony, and Universal Music Group had previously filed copyright lawsuits against Suno and Udio, alleging use of stolen works.
- As part of its settlement, Suno agreed to develop new models with labels using fully-licensed material.
- Music labels' legal leverage over AI startups was demonstrated through these settlements.
- WMG also recently sued Anthropic for alleged intellectual property theft.