Suno rolls out v6, a new generation of AI models trained in partnership with WMG and BMG, and says it will pay labels and publishers royalties when v6 is used
- New model was trained on music from Warner Music Group — Users won't be able to reference specific artists in prompts
Warner Music and AI music generator Suno strike a deal, settling previous litigation; Suno will launch licensed AI models and will acquire WMG's Songkick
Warner Music Group and AI music generator Suno have struck what they call a “first-of-its-kind partnership”.
SAG-AFTRA reaches a tentative deal with major record labels, including WMG and Sony Music Entertainment, that includes protections over the use of AI
Hollywood performers and media professionals have reached a tentative deal with major record labels such as Warner Music Group (WMG.O) …
Warner Music Group becomes the first major label to adopt SoundCloud's user-centric payouts instead of the pro rata model used by Spotify
About three months after celebrating the anniversary of its fan-powered royalty model, SoundCloud has officially inked a global licensing deal with Warner Music Group.
Filing: Tencent took a 1.6% stake in Warner Music Group for $200M in Warner's IPO in separate transactions by two Tencent subsidiaries; shares now worth ~$250M
Chinese internet giant already had interests in Universal Music Group, Spotify — Tencent Holdings Ltd. TCEHY 1.56% took … Tweets: @somospostpc See also Mediagazer Tweets: Alex Barredo / @somospostpc...
Sources: Tencent is in talks to buy a $200M stake in Warner Music Group in advance of Warner's IPO; the offering is expected to value WMG around $11.7B- $13.3B
Wall Street Journal :
Spotify renews global licensing partnership with Warner Music Group, bringing WMG's roster of popular artists to Spotify users in India for the first time
Vikas SN / The Economic Times :
Dapper Labs, developer of CryptoKitties, raises $11.2M from a16z, Warner Music Group, and others for its proof-of-stake, high transaction volume blockchain Flow
Now that Warner Music Group has mastered streaming, generating $2 billion in revenue from the technology, the music giant behind Cardi B …
Spotify's launch in India hits a snag as Warner Music Group files an injunction to bar Spotify's access to Warner/Chappell's library of 1M+ songs
UPDATED: Spotify's long-anticipated launch in India could be days away, but the Swedish company is taking its licensing negotiations with the three major music groups to the wire.
Warner Music Group sells its entire stake in Spotify for $504M
Jem Aswad / Variety : Tweets: @theblakemorgan See also Mediagazer Tweets: Blake Morgan / @theblakemorgan : “The sale resulted in $126 million “credited to artist accounts on their June 30 royalty sta...