The UK’s Intellectual Property Office (IPO) published a report on ‘the potential impact of equitable remuneration on performers and the music market in the UK’. In short, the report will make labels much happier than activists. “The one key conclusion that can be drawn is that ER does not offer a simple solution to the streaming conundrum,” was its verdict. The report also gives the same warnings that labels have about ER potentially weakening their negotiating position with DSPs.
Exclusivity of content was great for attracting new subscribers, but investors on Wall Street are not solely concerned with subscriber totals any longer, and now streamers are realizing that easy money is there for the taking if they license some titles to other outlets.
Reddit has signed a contract allowing an Artificial Intelligence (AI) company to train its models on the social media platform’s content, Bloomberg News reported, citing people familiar with the matter. Reddit, which is eyeing an initial public offering (IPO) launch, has told prospective investors that it signed the deal, worth $60 million on an annualized basis, earlier this year, the report said.
Virtually all complaints ask for awards of actual damages and disgorgement of profits attributable to infringement, prejudgment interest, attorney fees, and costs. In these respects, the complaints are quite ordinary. But three types of remedy claims merit special attention: claims for awards of statutory damages; court orders to destroy models trained on infringing works; and most bizarrely, court orders to establish a regulatory regime to oversee generative AI system operations.
As video game worlds get more expansive, some game studios are experimenting with AI tools to give voice to a potentially unlimited number of characters and conversations. It also saves time and money on the “vocal scratch” recordings game developers use as placeholders to test scenes and scripts. The response from professional actors has been mixed. Some fear that AI voices could replace all but the most famous human actors if big studios have their way.
All told, the A.I. start-up hauled in $7.3 billion in a year. Its five funding deals stood out not just for their speed and size, but for their unusual structures. In one of those deals, Anthropic agreed to use technology such as chips and cloud computing services from the companies that invested in it. That meant, in effect, that some of the money it raised would be pumped back into its investors.
OpenAI has completed a deal that values the San Francisco artificial intelligence company at $80 billion or more, nearly tripling its valuation in less than 10 months. The deal is another example of the Silicon Valley deal-making machine pumping money into a handful of companies that specialize in generative A.I. — technology that can generate text, sounds and images on its own.
The Federal Trade Commission is seeking public comment on a supplemental notice of proposed rulemaking that would prohibit the impersonation of individuals. The proposed rule changes would extend protections of the new rule on government and business impersonation that is being finalized by the Commission today.
The copyright battle between music publishers and AI developer Anthropic has taken a dramatic turn, with the music publishers alleging that Anthropic intentionally trained its Claude AI chatbot to rip off copyrighted lyrics. “Anthropic’s own training data betrays its understanding that its AI models would be used to search for and provide copyrighted lyrics,” lawyers for Universal Music Group, Concord Music Group and ABKCO stated in a submission filed with a US District Court in Nashville,