European independent-music body Impala is weighing in to the row over Apple Music’s plans to give music catalogues that are available as spatial audio a boost in its royalties calculations. “The boost in royalties, as already highlighted in the press, is less accessible to independents,” claimed Impala in a statement this morning. Impala wants Apple to “discuss alternative ways, rather than unilaterally introducing significant changes, resulting in the redirection of revenues from independents to be redistributed among the major players”.
Source: Impala joins indie critics of Apple Music’s royalty changes – Music Ally
The American Federation of Musicians has struck a tentative agreement with the Alliance of Motion Picture and Television Producers, reaching a deal that union leaders hailed as “a watershed moment for artists” that includes residuals for made-for-streaming content and protections against the use of AI. The AFM announced the tentative agreement one day after the sides resumed contract negotiations that began in January.
The US film and TV mogul said he was in the process of adding 12 sound stages to his studio but has halted those plans indefinitely after he saw demonstrations of Sora and its “shocking” capabilities. “All of that is currently and indefinitely on hold because of Sora and what I’m seeing,” Perry said. “I had gotten word over the last year or so that this was coming, but I had no idea until I saw recently the demonstrations of what it’s able to do. It’s shocking to me.”
Sora, OpenAI’s new AI model for generating video, has become the talk of the town since its release last week. But Yann LeCun, chief AI scientist at Meta, doesn’t think the much-hyped text-to-video model is all that. In particular, LeCun takes issue with OpenAI’s claims that its work with Sora will eventually enable the building of “general purpose simulators of the physical world.” If that’s the case, LeCun argues
Social media platform Reddit has struck a deal with Google to make its content available for training the search engine giant’s artificial intelligence models, three people familiar with the matter said. The contract with Alphabet-owned Google is worth about $60 million per year, according to one of the sources. Bloomberg previously reported Reddit’s content deal without naming the buyer.