UMG’s earnings call included some interesting nuggets on the company’s AI strategy, including chairman and CEO Sir Lucian Grainge delivering a carefully-tuned message to investors. “I’m very aware that a large swath of the investment community looks at the intersection of AI and media and sees only some of the risks,” he said. “I want to be very clear, we fundamentally disagree with that view. We believe AI represents an unprecedented commercial opportunities for UMG and our artists.
Source: UMG boss sees AI as more than just a risk for media industries