Are The Major Labels About To Settle With Suno and Udio?
The AI-music startups have been locked in litigation over copyright infringement
Bloomberg is reporting that the major label lawsuits against AI platforms Suno and Udio may be close to settling.
The background:
Suno and Udio utilize gen AI to help users create studio-quality music through text prompts.
The major labels sued the companies in 2024, alleging copyright infringement in the AI training process.
The potential settlement:
Though neither the majors nor Suno and Udio have confirmed details of any negotiations, Bloomberg reports the deal would include the start-ups paying licensing fees to the majors, as well as offering "a small amount of equity."
Bloomberg is reporting that the major label lawsuits against AI platforms Suno and Udio may be close to settling.
The background:
Suno and Udio utilize gen AI to help users create studio-quality music through text prompts.
The major labels sued the companies in 2024, alleging copyright infringement in the AI training process.
The potential settlement:
Though neither the majors nor Suno and Udio have confirmed details of any negotiations, Bloomberg reports the deal would include the start-ups paying licensing fees to the majors, as well as offering "a small amount of equity."
Bloomberg is reporting that the major label lawsuits against AI platforms Suno and Udio may be close to settling.
The background:
Suno and Udio utilize gen AI to help users create studio-quality music through text prompts.
The major labels sued the companies in 2024, alleging copyright infringement in the AI training process.
The potential settlement:
Though neither the majors nor Suno and Udio have confirmed details of any negotiations, Bloomberg reports the deal would include the start-ups paying licensing fees to the majors, as well as offering "a small amount of equity."
👋 Disclosures & Transparency Block
This story was written with information sourced from Music Ally and Digital Music News.
We covered it because of the parties involved and the implications regarding similar copyright infringement cases should it settle.
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