The talks with AI startups concern how the labels—and their artists—would get paid for music’s use in generative AI models.

Meet the new boss… same as the old boss? As the industry prepares for the AI takeover, insiders question who’s next in line ...

The details of a new Bloomberg report into major labels trying to reach an agreement with controversial AI companies has ...

Sony Music, Warner Music, and Universal Music Group reportedly have begun talks with AI startups that allow users to compose ...

Warner Music Group, Universal Music Group, and Sony Music Group are reportedly in talks with artificial intelligence startups ...

Universal Music, Warner Music and Sony Music are also reportedly seeking license fees plus “a small amount” of equity stakes ...

Last week, The New York Times announced a new AI licensing deal with Amazon. Now, the same strategy may be coming for the ...

Major music companies are in talks to license their work to artificial intelligence startups Udio and Suno, deals that would ...

Lil Wayne producer Deezle (real name Darius Harrison) is suing Universal Music for allegedly failing to pay him millions in ...

Universal Music Group’s stock plunged 24% on Thursday, erasing more than $16 billion in market value after it revealed its revenue growth from subscription and streaming services fell below ...

In June 2024, Universal Music Group chairman/CEO Lucian Grainge announced the creation of the UMG Global Impact Team to “enact and amplify the company’s vision for positive change through ...