Tencent Music pays indie artists over $84m via ‘Incentive Project’

July 27, 2020By rightstech

Tencent Music Entertainment has revealed that 590 million yuan (over $84m) has been paid out to indie artists using its ‘Tencent Musician Program’. Launched three years ago, Tencent Musician is an online service for emerging independent artists to upload their music to TME platforms.

Source: Tencent Music pays indie artists over $84m via ‘Incentive Project’

RightsTech Extra

AI Companies Get the Picture

By Paul Sweeting

One of the biggest challenges facing copyright owners in grappling with the rapid development of generative AI technology, apart from a murky legal status, has been market failure, as discussed here in previous posts. The amount of existing material needed to train gen-AI models is so great, and so varied, that gauging the value of any one piece of it to establish a market price for it for licensing purposes is often effectively impossible. One group of rights owners is finding willing buyers among AI companies, however. An active, albeit for various reasons mostly sotto voce market has begun to emerge for the use of images held in large photo archives and by photo agencies and social media platforms, complete with per-unit industry and at least a nod toward creator attribution... Read More >>

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