Suno argued that granting the labels' request would deny the company a timely ruling on whether training its AI model on copyrighted music is fair use.
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
Its location in the skies was significant – directly over the UBS AI in Entertainment Summit at the Shutters on the Beach hotel, where Suno CEO Mikey Shulman was among the speakers.
Founded in 2021, mprs – pronounced 'Empress' – was spun out of artist management and services company mtheory when Universal Music Group acquired mtheory's label division