ENXTAM:UMGEntertainment
Universal Music Group (ENXTAM:UMG) Signs ElevenLabs Deal, Is The Stock A Bargain?
Universal Music Group’s AI Licensing Move With ElevenLabs
Universal Music Group (ENXTAM:UMG) has entered a multi-year licensing and collaboration agreement with ElevenLabs to build an AI-driven music creation platform, giving fans structured ways to co-create with participating artists and songwriters.
Investors have not rewarded Universal Music Group’s push into AI so far, with the share price at €14.02 and declining 21.06% over the past 90 days and 36.13% year to date, while the 1-year...