Meta is among a long list of companies being sued for allegedly using pirated material to train its AI models. Meta has never denied using copyrighted works but stressed that it would rely on a fair use defense. However, with rightsholders in one case asking for torrent client data and ‘seeding lists’ for millions of books allegedly shared in public, the case now takes a geeky turn.
Source: Authors Seek Meta’s Torrent Client Logs and Seeding Data in AI Piracy Probe * TorrentFreak
In June, the three major labels sued the generative AI music companies Udio and Suno for training their software on copyrighted music without a license. Now, GEMA, the German PRO, is also taking legal action against Suno, in a case filed today (Jan. 21) in the Munich Regional Court. In an announcement, GEMA said that it documented that the Suno system outputs content that “largely corresponds to world-famous works whose authors GEMA represents.
Source: Germany’s GEMA Sues U.S.-Based Generative AI Company Over Copyright Infringement
The report explores important aspects of the structure of CSP and AI developer collaborations, such as the equity and revenue-sharing rights retained by CSPs in these partnerships and certain consultation, control and exclusivity rights that CSPs gain by investing in AI firms. In addition, the report covers some “potential competition implications,” the FTC said. For example, the regulator said, these partnerships could affect “access to certain inputs.”
Source: FTC Issues Staff Report on AI Partnerships | PYMNTS.com
Despite blocking thousands of illegal streaming sites, Italy’s ‘Piracy Shield’ anti-piracy program has failed to deliver increased viewership for legal services like DAZN. This revelation appears in data provided by telecoms regulator AGCOM, which oversees the blocking regime. It adds fuel to the already heated discussions, which divide stakeholders and copyright representatives.
Source: ‘Piracy Shield’ Fails to Convert Pirates to Paying Subscribers, Data Suggest * TorrentFreak
At Music Ally Connect in London today, Oakley sat down for a keynote interview, stating with her first-six-months impressions of the industry. “Man, it’s complicated. You would not design an industry from scratch like this! So getting your head around it is very, very complicated, ” said Oakley. “It’s also deeply misunderstood. And I think that is a big part of our challenge, for all of us who care about the music industry and the ecosystem.”
Source: IFPI CEO Victoria Oakley talks AI, fraud and lobbying: ‘We have a compelling story to tell’
MakersPlace, a digital art platform specializing in non-fungible tokens, is shutting down amid a sharp drop in the NFT market. The company, launched in 2018, announced its closure on Jan. 15 after six years of operations. “Ongoing market challenges and funding difficulties have made it impossible to sustain operations while fulfilling our mission,” MakersPlace’s content manager, Brady Evan Walker, said in the announcement.
Source: Digital art venue MakersPlace shuts down amid NFT market decline
Universal Music Group (UMG) announced Wednesday (January 15) that Pershing Square Holdings, led by billionaire investor Bill Ackman, has requested a secondary listing of the music company on a US stock exchange. Under a previously disclosed agreement, UMG will facilitate an underwritten offering for Pershing Square to sell a portion of its shares by September 15, 2025.
And along with the opening of the platform itself, the company is now unveiling the proprietary framework they’ve developed, AI Rights, which is at the core of the service, currently offering rights for AI model training and reference via RAG models. Adler says the team has plans to add more rights soon to the framework. “We’ve raised more funding,” he says. “The product is great shape. It’s really pretty polished and looking really good.
Blackstone’s rumored SESAC sale has an over $3 billion price tag and multiple prospective purchasers, according to new reports. Blackstone reportedly began entertaining private equity offers for SESAC after Hellman & Friedman took a majority stake in Global Music Rights (GMR) late last year. SESAC Music Group’s portfolio includes Audiam and the Harry Fox Agency, to name only a couple.
Source: Possible SESAC Sale Has $3 Billion Price Tag, Reports Suggest
Blackstone Inc. has hired financial advisers to explore the sale of song rights, including music from Bob Dylan, Adele and Ariana Grande, that it expects to fetch $3 billion or more, people with knowledge of the matter said. A handful of financial firms, including Apollo Global Management Inc., Warburg Pincus LLC and Temasek Holdings Pte, Singapore’s state-owned investment firm, have expressed interest in the assets.
Source: Blackstone Seeks $3 Billion in Sale of Bob Dylan, Adele Song Rights