Meta — home to Facebook, Instagram and WhatsApp — and Universal Music Group have announced an expanded agreement that addresses compensation and AI. Terms of the deal were not disclosed, but the announcement says the new agreement “reflects the two companies’ shared commitment to protecting human creators and artistry, including ensuring that artists and songwriters are compensated fairly.”
Source: Universal Music and Meta Announce ‘Expanded Global Agreement’ for AI, Monetization and More

Thomson said in a statement alongside the financial results: “Our landmark agreement with OpenAI is not only expected to be lucrative, but will enable us to work closely with a trusted, pre-eminent partner to fashion a future for professional journalism and for provenance. Meanwhile, we have begun to take legal steps against AI aggressors, the egregious aggregators, who are predatory in the confiscation of our content. ‘Open source’ can never be a justification for ‘open slather.’”




ProRata.ai has invented tech that it claims enables gen AI platforms to accurately attribute and share revenues on a per-use basis with content owners. ProRata has raised$25 million in a Series A round for its tech, for which it has several pending patents. The company’s early investors include Revolution Ventures, Prime Movers Lab, Mayfield and Technology incubator Idealab Studio.
The Mechanical Licensing Collective (The MLC) has announced a new collaboration with Beatdapp to “complement and enhance” The MLC’s existing streaming fraud detection capabilities. Beatdapp, a music streaming fraud detection company, announced a USD $17 million funding round in January. Beatdapp has previously said that its technology analyzes massive datasets to identify fraudulent streams, ensuring rightful payouts for artists and rights holders.