Credits Due is the initiative launched in 2021 by ABBA’s Björn Ulvaeus to encourage musicians to create accurate metadata for their work. Backed by the Ivors Academy and Music Rights Awareness Foundation, it has since picked up support from PROs including PPL in the UK. Now it’s getting another push with the launch of a toolkit that music organizations can use to hold events promoting the initiative to musicians.
Source: Credits Due toolkit aims to boost music metadata campaign – Music Ally
California’s Privacy Protection Agency (CPPA) is preparing for its next trick: Putting guardrails on AI. The state privacy regulator, which has an important role in setting rules of the road for digital giants given how much of Big Tech (and Big AI) is headquartered on its sun-kissed soil, has today published draft regulations for how people’s data can be used for what it refers to as automated decision-making technology (ADMT*). Aka AI.
Source: California’s privacy watchdog eyes AI rules with opt-out and access rights | TechCrunch
On Monday (November 27), iHeart said that it expects, following the sale, to receive “approximately” $100 million of proceeds “related to its equity interest in BMI, subject to approval of the transaction by BMI shareholders and customary regulatory approvals”. The US broadcaster added that it plans to use the proceeds for “general corporate purposes, which may include the repayment of debt”.
Hipgnosis Songs Fund has disclosed new details about its strategic review, including an attempt to retool its investment adviser agreement. Beginning on the strategic review side, Hipgnosis Songs Fund’s board, chaired by the former board head of Round Hill’s own songs fund, is preparing “to appoint independent advisers to conduct due diligence on” HSF’s assets, according to the relevant release.
Source: Hipgnosis Songs Fund Discloses New Details on ‘Strategic Review’
The body has published some findings from its upcoming ‘Engaging with Music 2023’ report, which has surveyed more than 43,000 music fans across 26 countries. It found that 89% of those people are aware of AI technologies, and that 79% agree that ‘human creativity remains essential to the creation of music’.
Source: IFPI shares fans’ views on AI amid latest EU AI Act pressure – Music Ally
Source: Who Needs a Record Label? VC-Like Investments Power New Music Artists
As rapid advances in AI image-generation tools make automated images ever harder to distinguish from real ones, experts say their proliferation on sites such as Adobe Stock and Shutterstock threatens to hasten their spread across blogs, marketing materials and other places across the web, including social media — blurring lines between fiction and reality.
Source: These look like prizewinning photos. They’re AI fakes.
European CMO GESAC has issued a statement in support of recent legislation in Europe to address ‘coercive buyout practices.’ Recently the Culture and Employment Committees of the European Parliament adopted a report with legislative recommendations on working conditions for artists in the EU. “The growing problem of buy-out contracts that prevents authors and composers’ fair remuneration and threatens their livelihood is rightly flagged as one of the main issues to be addressed at EU level,” GESAC says in support of the report.
Source: GESAC Supports Action to Address ‘Coercive Buyout Practices’
In 1985, France introduced a levy on blank media, such as cassette tapes and CDs, to compensate rightsholders for copies of their works made for private use. The main source of revenue today is smartphones; a levy of roughly 17 euros per sale means an annual payout to rightsholders of almost €300m. Alongside the streaming explosion and a system unchanged for a decade, one that critics describe as “dysfunctional”, the levy now faces renewed scrutiny.
Source: €300m Per Year Rightsholder ‘Private Copying’ Payouts Face Scrutiny * TorrentFreak
Sam Altman was reinstated late Tuesday as OpenAI’s chief executive, the company said, successfully reversing his ouster by OpenAI’s board last week after a campaign waged by his allies, employees and investors. The company’s board of directors will be overhauled, jettisoning several members who had opposed Mr. Altman. Adam D’Angelo, the chief executive of Quora, will be the only holdover.
Source: Sam Altman Is Reinstated as OpenAI’s Chief Executive