NMPA President and CEO David Israelite said the Udio agreement is the first to "value songs and sound recordings equally" when it comes to AI training.
Universal Music Group and its subsidiary Virgin Music Group have agreed to sell Curve Royalty Systems to Jamen Capital and Merlin. The sale is the divestment that the European Commission required as a condition of clearing Universal Music Group‘s $775 million acquisition of Downtown Music Holdings in February. It paves the way for Curve, the royalty processing platform used by thousands … Continued
Matt Spetzler is a private equity veteran who fell in love with the music business. Now, through Jamen Capital and Pipeline, he’s changing how independent rightsholders raise capital – while helping them keep ownership of their companies...
Parker's announcement of the move arrived less than 24 hours after Spotify and Universal Music Group unveiled landmark licensing agreements for AI-powered covers and remixes