In March, Tennessee became the first state to protect voice artists from unauthorized AI cloning. This summer, Colorado adopted a tiered, risk-based approach to AI policy. And in September, California Governor Gavin Newsom signed dozens of AI-related safety bills, a few of which require companies to disclose details about their AI training. But the U.S. still lacks a federal AI policy comparable to the EU’s AI Act.
Source: US laws regulating AI prove elusive, but there may be hope
Britain is moving to let artificial intelligence (AI) companies freely scrape online content unless publishers block them — a policy shift the BBC and other major media companies are fighting. The showdown could influence AI policy beyond Britain’s borders as global content publishers and tech firms watch to see whether content scraping becomes the default standard in advanced economies.
Source: AI Rules in Britain Test Global Content Rights Balance | PYMNTS.com
Prompted by concerns aired by photographers, French telecoms regulator Arcom sought to evaluate content recognition tools deployed at online content-sharing platforms. Meta’s Rights Manager and Pinterest’s Claim Portal were of particular interest, but both companies denied Arcom’s request to measure their effectiveness. Despite the regulator’s authority under law, private agreements with rightsholders took priority.
Source: Meta Denied Regulator’s Request to Test Rights Manager’s Effectiveness * TorrentFreak
Source: State of the independent music economy: Fragmentation AND consolidation
In a quarterly earnings call that was overwhelmingly about AI and Meta’s plans for it, Zuckerberg said that new, AI-generated feeds are likely to come to Facebook and other Meta platforms. Zuckerberg said he is excited for the “opportunity for AI to help people create content that just makes people’s feed experiences better.”
Source: Zuckerberg: The AI Slop Will Continue Until Morale Improves
A report from Enders Analysis has argued that generative artificial intelligence “will not alter the fundamental commercial reality for the news” as the shift online did previously. The research firm cautioned publishers to be “realistic” about the productivity and revenue gains possible from AI, but added that ignoring AI would be “a mistake”.
Source: How publishers use AI to boost productivity: From audio editions to exploiting archives
A.I. is evolving so rapidly, and remains so poorly understood by so many people in Hollywood, that it’s difficult to predict how it will wind up proving most beneficial, and which aspects of the filmmaking process it will disrupt first. “Everyone’s nervous,” says Susan Sprung, the Producers Guild’s chief executive, and yet no one’s quite sure what to be nervous about.
Source: What if AI is Actually Good for Hollywood?
Amid the explosion of unauthorized AI-generated content, entertainment marketing and production firm Dolphin has partnered with Loti AI, a deepfake detection and takedown startup aimed at protecting companies and celebrity clients against fake accounts, false endorsements, deepfakes and unlicensed distribution of content.
Source: Dolphin Partners With Deepfake Protection Firm Loti AI (EXCLUSIVE)
The company said on Monday (October 28) that the transaction would “fuel strategic growth and acquisition[s]” and that it underscores its “ongoing effort to strategically grow and monetize its music assets and position the company as a consequential force in the music industry”. Concord’s ABS transaction is securitized by royalties from its catalog of over one million compositions, master recordings, and related assets.
Source: Concord closes $850m Asset-Backed Securities transaction to ‘fuel strategic growth and acquisitions’
Kroll’s report cites an unnamed independent third-party valuation firm that valued the HSF portfolio at USD $2.36 billion as of August 1, 2024. That’s around $150 million more than the total amount HSF spent buying its portfolio over the years ($2.206 billion, according to financial documents). It’s also around$150 million more than the portfolio’s estimated enterprise value of $2.20 billion when Blackstone acquired it this summer.