Universal Music is launching an AI music platform with ElevenLabs
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TL;DR
- Universal Music Group (UMG) is launching an AI-powered platform with ElevenLabs.
- The platform will allow users to create song remixes, mashups, and new versions of tracks using UMG's licensed music catalog.
- Artists can choose whether or not to participate in the platform.
- This is one of several AI-related initiatives and licensing deals UMG has undertaken.
- ElevenLabs CEO stated the partnership will enable artists to create new experiences for fans and ensure fair compensation.
- The new platform will be separate from ElevenLabs' existing AI music tools.