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.
Tunde Balogun, CEO of LVRN (Love Renaissance), maps out how the company he cofounded in Atlanta with Sean Famoso McNichol, Justice Baiden, Junia Abaidoo, and Carlon Ramong went from college parties to over 30B streams and a $100m+ valuation.
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...
Jorge Brea is CEO of Symphonic, one of the industry’s most successful independent distribution platforms, says the global music business must come together to enforce standardized policies around AI music…