Sir Lucian Grainge: ‘Greater compensation’ is from TikTok for UMG artists and songwriters

Today’s big news: Universal Music Group and TikTok, by way of a joint announcement, have confirmed that they have struck a new licensing deal – three months after UMG pulled its recordings catalog from the service. What does this new deal mean for UMG and its artists and songwriters? Standout headline: More money. Reminder: according to Universal, TikTok’s royalty payouts to UMG prior to this new deal constituted just 1% of UMG’s total revenues.

Source: Sir Lucian Grainge confirms ‘greater compensation’ is coming from TikTok for UMG artists and songwriters

RightsTech Extra

Can Regulation Deep Six Deepfakes?

By Paul Sweeting

The National Institute of Standards and Technology (NIST), a basic science and research arm of the Commerce Department best known, if at all, for tackling knotty challenges like accurately centering quantum dots in photonic chips and developing standard reference materials for measuring the contents of human poop used in medical research and treatments, last week took up the problem of identifying AI generated and manipulated audio, video, images and text. Tasked by President Biden’s Executive Order on AI with helping to improve the safety, security and trustworthiness of AI systems, NIST has issued a GenAI Challenge inviting teams of researchers from academia, industry and other research labs to participate in a series of challenges intended to evaluate systems and methods of identifying synthetic content... Read More >>

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