ElevenLabs and Universal Music Group Sign Multi-Year Strategic Agreement
ElevenLabs announces a multi-year strategic agreement with Universal Music Group — a milestone for the AI voice company that crossed $500M ARR this year, as major labels shift to licensing AI partnerships.
Stability AI Closes Series B with Entertainment Giants — EA, Sony, Universal, Warner Back the Company
Stability AI closes its Series B funding round with backing from Electronic Arts, Sony Music, Universal Music, and Warner Music, bringing total funding to $232M.
Suno AI Announces Watermarking to Combat Music Spam on Its Platform
Suno AI announced it will implement watermarking technology and revised download policies to combat AI-generated music spam. CEO Mikey Shulman outlined a roadmap centered on transparency and legitimacy standards for the AI music platform.
Major Record Labels Propose Banning AI-Generated Music from Charts
The world's three largest record labels proposed strict rules to ban fully AI-generated music from eligibility on global music charts including Billboard and the Official Charts Company. The proposal would require meaningful human authorship for chart eligibility.
Munich Court Rules AI Music Firm Suno Infringed GEMA Copyrights
A Munich court ruled that Suno's AI models memorized copyrighted musical compositions during training, finding that songs including 'Rasputin' and 'Daddy Cool' are 'reproducibly contained' in the models. The ruling grants German collecting society GEMA injunctive relief and damages.