According to Bloomberg, Google is reportedly preparing to launch a “pilot project initially with about 20 national news outlets,” where the participants would license their content for Google’s AI tools. There isn’t much detail beyond the initial report, but it sounds similar to the strategy that OpenAI has employed. Over the past few years, OpenAI has struck licensing deals with major publishers like Hearst, Condé Nast, Vox Media, The Atlantic, and News Corp.
Source: Google is reportedly pursuing AI licensing deals with news publishers
This technology could enable proper attribution and compensation for original songwriters, composers and rightsholders, Orfium said. The project comes as the Gen AI music and audiovisual content
According to a statement released on Tuesday (July 22), Concord is issuing $1.765 billion in bonds via a series of new five-year, seven-year, and ten-year senior notes. The bonds are backed by Concord’s catalog of over 1.3 million music copyrights. The latest bond issuance represents Concord’s fourth securitization offering and is claimed to be “the largest and longest tenured asset-backed term securitization of music rights to date”.

The issue is causing tension in the book community. Librarians complain that publishers charge so much to license e-books that it’s busting library budgets and frustrating efforts to provide equitable access to reading materials. Big publishers and many authors say that e-book library access undermines their already struggling business models. Smaller presses are split.


