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Major record labels are reportedly in licensing talks with AI firms Udio and Suno

Read the full articleMajor record labels are reportedly in licensing talks with AI firms Udio and Suno on TechCrunch

What Happened

Universal Music Group, Warner Music Group, and Sony Music Entertainment are in talks to license their work to AI startups Udio and Suno, according to a new report from Bloomberg. The deals would set forth a framework for how AI companies compensate artists for their work. The record labels are pushi

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