Ahead of Tuesday's sentencing in the first US criminal streaming fraud case, MBW breaks down the pro-rata arithmetic behind Michael Smith's bot scheme.
UMG and ElevenLabs announced a licensing agreement, which will see the latter build a fan platform for remixes, mashups, and "new track interpretations."
The 61,026 recordings would carry a theoretical maximum statutory damage of $9 billion, up from around $84 million under the original 560-work complaint.
The 121-page document sets out a number of disclosures, from anti-counterfeiting measures to the company's use of generative AI and expansion into physical retail.
The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day.