ENXTAM:UMGEntertainment
Does UMG’s AI Remix Deal With Udio Signal a New Era for Licensing? (ENXTAM:UMG)
AI music startup Udio recently announced it has signed an agreement with Universal Music Group to launch a new platform that allows fans to create remixes and customized tracks using licensed content, resolving an earlier copyright dispute between the two companies.
This collaboration marks a major move for Universal Music Group in embracing artificial intelligence, potentially unlocking new ways to monetize its extensive music catalog by enabling legally compliant, fan-driven music...