For the last decade, Leidig has been building NewsX, a Community Interest Company. “In the agency world, if you do the editorial work and someone uses it, you get paid. It’s that simple. Social media platforms broke that when they started monetising what they don’t produce.” NewsX is designed to reconnect that chain by documenting editorial labour, validating it, tracking and charging for usage.
Source: AI has helped break news ecosystem, but could also fix it – says agency boss
In a blog post published late Wednesday (November 19), Kyncl outlined WMG’s approach to generative AI partnerships, emphasizing that the major label will only work with companies that commit to licensed models, properly value music economically, and give artists control over the use of their name, image, likeness, and voice. The timing of Kyncl’s message is particularly significant.
For most artists, getting paid is still stuck in the dial-up era. A song might blow up overnight, but the royalty check might not land for months. Money bounces through labels, publishers, distributors, and collecting societies, creating a maze of delays and obscure accounting. Record Financial wants to flip that model. Its platform pulls in royalty data as it’s generated, normalizes it, and distributes payouts instantly via stablecoins like USDC using Avalanche.
Source: Record Financial Pushes Real-Time Royalties on Avalanche to Modernize Music Payments – Decrypt
Thus far, Spotify’s song credits included topline performers, songwriters and producers. The new credits expand that to include “all of the contributors who make each song possible,” including background vocalists, musicians, and engineers. “The more fans understand the careful craft that underpins the music they love, the deeper their fandom grows and the more invested they become in the people who create it,” Spotify said in a blog post.
According to a press release issued on Thursday (November 20), these agreements “establish terms on which KLAY will help further evolve music experiences for fans, leveraging the potential of AI, while fully respecting the rights of artists, songwriters, and rightsholders”. The company states that it is developing an AI music platform that “reimagines listening with immersive, interactive tools,” powered by KLAY’s Large Music Model, which, according to the announcement, is “trained entirely on licensed music.”
Source: UMG, Sony and Warner strike licensing deals with new AI music platform KLAY
The EU on Wednesday unveiled new proposals to simplify AI and privacy regulations, drawing fire from the tech sector for not going far enough and consumer groups for bowing to Big Tech. The EU Commission’s “Digital Omnibus”, which faces debate and votes from European countries, proposed to delay stricter rules on use of AI in “high-risk” areas until late 2027, ease rules around cookies and enable more use of data.Source: EU eases AI, privacy rules as critics warn of caving to Big Tech
Warner Music Group and Stability AI have entered into a new partnership, which the companies say will “advance the use of responsible AI in music creation”. The partnership, according to today’s (November 19) announcement, combines “WMG’s long-standing advocacy for principled innovation with Stability AI’s expertise and leadership in commercially-safe generative audio”.
Warner Music Group and AI music platform Udio have struck what they call “a landmark agreement” that resolves the companies’ copyright infringement litigation. The companies have also entered into a licensing deal for a “next-generation” AI–powered music creation, listening, and discovery platform. The news arrived just an hour after WMG announced a new partnership with Stability AI on Wednesday, which the companies say will “advance the use of responsible AI in music creation”.
The Circuit Group, which owns management firms Ayita and Seven20, has announced the launch of a new nine-figure investment fund focused on the acquisition of music assets and other cultural IP. Dubbed Circuit Capital, the new fund is backed by $500 million from Los Angeles-based Create Music Group (CMG), which was valued last year at $1 billion following a $165 million investment round.
Source: The Circuit Group launches $500m+ music investment fund backed by Create Music Group
Music streaming faces a dual crisis, according to SoundCloud CEO Eliah Seton – and it’s creating what he calls “a very ripe dynamic” for his platform. “Streaming is not enough for artists,” Seton says. “The vast majority of artists don’t earn a living wage. 80 million tracks making less than five bucks, 46 million tracks making nothing. Those numbers have only grown in a generative AI world.” But the problem extends beyond artist economics.