According to Spotify: “If the MLC were entirely successful in this case, the additional royalties that would be due in relation to the period March 1, 2024 to June 30, 2024 would be approximately €46 million ($49.5 million) of which approximately €35 million relates to the three months ended June 30, 2024, plus potentially penalties and interest, which we cannot reasonably estimate.”
Source: Spotify estimates that it would have to pay out $50m if the MLC wins its bundling lawsuit
One of Hollywood’s go-to law firms is tackling the scourge. Venable LLP, whose clients include Swift, Peyton Manning and “La La Land” producer Automatik, is launching Takedown, a sophisticated program that proactively identifies and removes illicit and unauthorized deepfake videos and images and pirated content online. The program was created by Venable Blue, the firm’s consulting arm that deals with cybersecurity and privacy issues.
Source: Top Hollywood Law Firm Launches Service to Combat Soaring Celebrity Deepfake Phenomenon
On the earnings call Tuesday, Spotify’s Ek argued that, despite there being “things that we’re arguing about,” the company has largely had a healthy relationship with the music business – and it’s in Spotify’s interest to see the industry grow stronger. “We are spending a lot of time and effort in making sure that it keeps growing,” Ek said. “That is our primary thing that we’re doing as a company.”
Spotify has outlined arguments in support of the dismissal of the unpaid royalties lawsuit filed against it by the MLC. “Books are not music, and audiobook streaming is not music streaming. Books are mainstream products offered both by Spotify and competitors via downloads and subscription streaming and, importantly, they are created and licensed by different rights holders (i.e., book authors and publishers) who charge separate license fees.”
Source: Spotify Urges MLC Lawsuit Dismissal Amid Bundling Controversy
SAG-AFTRA has authorized its chief negotiator to potentially call for an immediate strike because of a controversy surrounding the use and treatment of AI voices in video games. Union leadership has made it clear in recent statements that they regard AI as a significant issue in the voice-acting space, and that a strike is potentially in the cards.
Source: SAG-AFTRA May Call Immediate Strike Over Lack Of AI Protections For Voice Actors
Authors have expressed their shock after the news that academic publisher Taylor & Francis, which owns Routledge, had sold access to its authors’ research as part of an Artificial Intelligence (AI) partnership with Microsoft—a deal worth almost £8m ($10m) in its first year. The authors claim they have not been told about the AI deal, were not given the opportunity to opt out and are receiving no extra payment.
Source: Academic authors ‘shocked’ after Taylor & Francis sells access to their research to Microsoft AI
Media and entertainment companies are now exploring fine-tuning video generation models to create custom model versions for their own internal use, including potentially on specific productions. Fine-tuning refers to a process of training a pre-trained AI model on a curated dataset to create a smaller new model, which is then capable of producing more specific kinds of outputs.
Source: Fine-Tuning AI Video Models Getting Early Interest From Film & TV Studios
Less than a year ago, the drive for AI regulation was gaining significant momentum, marked by key milestones such as the AI Safety Summit in the U.K., the Biden Administration’s AI Executive Order, and the EU AI Act. However, a recent judicial decision and potential political shifts are leading to more uncertainty about the future of AI regulation in the U.S.
Today, Meta said it is releasing Llama 3.1 405B, a model containing 405 billion parameters. Parameters roughly correspond to a model’s problem-solving skills, and models with more parameters generally perform better than those with fewer parameters. At 405 billion parameters, Llama 3.1 405B isn’t the absolute largest open source model out there, but it’s the biggest in recent years.