Headlines

UK ministers consider changing AI plans to protect creative industries

Ministers are planning to offer key concessions to their plans to make it easier for artificial intelligence companies to use copyright-protected work, in a partial climbdown after weeks of lobbying from some of the world’s most famous artists. Sources have told the Guardian that ministers have accepted the need to protect British creative industries from the plans, which would otherwise have made their work available for access by AI companies unless they deliberately opted out.

Source: UK ministers consider changing AI plans to protect creative industries

UK newspapers blanket their covers to protest loss of AI protections

Creative and media industries have teamed up on this “Make It Fair” initiative, calling for readers to help protect British creative industries. The campaign was created to fight government proposals that would allow artificial intelligence companies to train their models on copyright-protected work without permission.

Source: UK newspapers blanket their covers to protest loss of AI protections

Report: Perplexity Creating $50 Million Venture Fund for AI Startups 

The company, which is an AI startup itself, will be an anchor investor in the fund, but outside limited partners will provide most of the capital, CNBC reported Tuesday (Feb. 25), citing unnamed sources. It was reported in December that the company closed a $500 million funding round earlier that month, with its backers including SoftBank, Nvidia and Amazon founder Jeff Bezos.

Source: Report: Perplexity Creating $50 Million Venture Fund for AI Startups | PYMNTS.com

SoundExchange surpasses $12bn in distributions to artists and rightsholders to date

The milestone came with February’s royalty payout, SoundExchange said in a statement on Monday (February 24). It comes less than a year after SoundExchange’s payouts passed the $11 billion mark in 2024. The non-profit also reported it had distributed $248.6 million to creators in Q4 2024, bringing gross distributions for 2024 to $1.05 billion, up 4.9% year over year.

Source: SoundExchange surpasses $12bn in distributions to artists and rightsholders to date

Kobalt estimates $1bn+ in publishing royalties go uncollected each year. 

Today (February 25), Kobalt has launched a new publishing platform called KOSIGN aimed at emerging artists and songwriters. Kobalt estimates over $1 billion in publishing royalties goes uncollected every year. It says its new KOSIGN platform was built to help independent artists, songwriters, and producers collect their share of this uncollected publishing royalty pool.

Source: Kobalt estimates $1bn+ in publishing royalties go uncollected each year. Its new platform, KOSIGN, helps indie songwriters collect their share.

$1bn-valued Create Music Group acquires catalog from Pack Records, form new JV

According to Create, under the new deal, Pack Records (stylized “Pack.”) and its artists will gain access to CMG’s proprietary technology, global distribution, data-driven marketing insights, and monetization tools, which the companies say will provide “new growth opportunities while preserving [CMG artists’] creative independence.”

Source: $1bn-valued Create Music Group acquires catalog from Pack Records as companies form new JV

Universal Music adopts ISNI system, assigning ID numbers to songwriters and artists

The partnership with the ISNI International Agency (ISNI-IA) makes UMG an ‘ISNI registration agency,’ marking “the first of its kind for a major label,” ISNI-IA said Monday. An ISNI functions as a ‘digital passport’ for every contributor involved in the making of a piece of music, such as producers, writers, and other creative people. The system provides each creator with a specific identifier that enhances their visibility online.

Source: Universal Music adopts ISNI system, assigning ID numbers to songwriters and artists

Major record company bosses back campaign against UK AI copyright proposal

Universal Music Group Chairman and CEO Sir Lucian Grainge, Sony Music Group Chairman Rob Stringer, and Warner Music Group CEO Robert Kynclhave thrown their weight behind a Daily Mail campaign urging the government to protect creators’ rights. “The UK stands at a decisive crossroads because what is ‘Made in Britain’ and exported to the world is not limited to physical products, but also intellectual property and copyright including music, visual art, life sciences and more,” said Grainge.

Source: Major record company bosses back campaign against UK AI copyright proposal

Generative Artificial Intelligence in Music Market Report 2025

The global generative artificial intelligence (AI) in music market reached a value of nearly $419.85 million in 2024, having grown at a compound annual growth rate (CAGR) of 53.34% since 2019. The market is expected to grow from $419.85 million in 2024 to $4.3 billion in 2029 at a rate of 59.25%. The market is then expected to grow at a CAGR of 39.32% from 2029 and reach $22.57 billion in 2034.

Source: Generative Artificial Intelligence (AI) in Music Market Report 2025: Jukedeck Leads, Followed by T Suno and Aiva Technologies – Trends, Opportunities and Strategies to 2034

Meta and Google Slam EU on AI Regulation

Top executives from Meta Platforms and Alphabet have amped up the heat on the European Union (EU) over its perceived failure to foster innovation in artificial intelligence. In particular, the EU’s AI Act, which tightly controls the type and nature of AI systems allowed in the bloc, was seen as going “too far” by META director of public policy Chris Yiu. “The net result of all of that is that products get delayed or get watered down and European citizens and consumers suffer.”

Source: Meta and Google Slam EU on AI Regulation

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