Some gen AI vendors say they’ll defend customers from IP lawsuits. Others, not so much. 

In the fast-changing landscape of generative AI, companies monetizing the tech — from startups to big tech companies like Google, Amazon and Microsoft — are approaching IP risks from very different angles. Some vendors have pledged to defend, financially and otherwise, customers using their generative AI tools who end up on the wrong side of copyright litigation. Others have published policies to shield themselves from liability, leaving customers to foot the legal bills.

Source: Some gen AI vendors say they’ll defend customers from IP lawsuits. Others, not so much. | TechCrunch

Seven20 & AYITA Form IP-Focused ‘The Circuit Group’

Could there still be IP gold to be panned? The Circuit Group is a collaboration between music industry veterans from artist management companies Seven20 and AYITA, with a focus on intellectual property. The Circuit Group aims to acquire 50% ownership in artists’ IP portfolios and partner with them to build opportunities in a wealth of verticals within the music business, in addition to traditional artist management.

Source: Seven20 & AYITA Form IP-Focused ‘The Circuit Group’

Epic blames layoffs on low creator margins — what does that mean for the rest of entertainment?

Epic’s money-maker, Fortnite, is free to play. The company makes most of its revenue from in-game purchases, like skins and weapons. Epic also empowers gamers to create their own content, such as in-game island experiences, and shares revenue with those creators in a variety of programs. The issue, it seems, is that gamers are spending more time with creator content than Epic content.

Source: Epic blames layoffs on low creator margins — what does that mean for the rest of entertainment?

French film industry joins forces to call on government for AI protections

In a joint statement addressed to French prime minister Elisabeth Borne, more than 70 French creative organizations signed an email titled “Let’s build world-class AI that respects literary and artistic property!” urging a more ethical approach to the rapidly advancing technology. The move is a response to the Prime Minister launching the country’s first-ever “Committee on Generative Artificial Intelligence” in late September focusing on the both the opportunities and threats posed by AI.

Source: French film industry joins forces to call on government for AI protections

Celebrities warn followers not to be duped by AI deepfakes

Actor Tom Hanks, journalist Gayle King and YouTuber MrBeast said this week that their deepfake images are being used for sales or scams without their permission. It is unclear what entities were behind the deepfakes, or false images purporting to be real, that featured King’s and Hanks’s doctored footage. King’s post showed a logo for “Artipet,” for which a web search showed little online presence Tuesday evening.

Source: Celebrities warn followers not to be duped by AI deepfakes

Supreme Court Denies Bid for Certiorari in Wolfgang’s Vault Suit

The Supreme Court just recently denied the petition for writ of certiorari submitted by the plaintiffs in the marathon copyright battle. To recap the $30 million legal showdown, an array of publishers in 2015 sued William Sagan, who’d bought and then made available through a platform called Wolfgang’s Vault a number of classic concert recordings (including of The Who, The Rolling Stones, and The Grateful Dead).

Source: Supreme Court Denies Bid for Certiorari in Wolfgang’s Vault Suit

Live Nation-backed Veeps launches ‘All Access’ video streaming subscription service for live concerts

On top of live-streamed concerts, subscribers will also get access to a library of previously-recorded live streams from numerous major artists, including Alanis Morrissette, Alan Jackson, Aerosmith, Amy Winehouse, Bob Dylan, Bob Marley, Bruce Springsteen, The Cure, Grateful Dead, Imagine Dragons, Katy Perry, The Killers, Metallica and The Rolling Stones, among others.

Source: Live Nation-backed Veeps launches ‘All Access’ video streaming subscription service for live concerts

Spotify gives Premium subscribers 15 hours of free audiobook listening per month

Marked under “Included in Premium,” any audiobook within the Spotify Premium catalog will be available for streaming. Additionally, users with Premium audiobook access will have the option to download content for offline listening. Spotify’s audiobook selection covers more than 70% of bestsellers, sourced from publishers such as Hachette, HarperCollins Publishers, Macmillan, Penguin Random House, Simon & Schuster, and RB Media.

Source: Spotify gives Premium subscribers access to 150,000+ audiobooks, and 15 hours free listening per month

Is the MLC Board Woefully Imbalanced?

The Music Creators North America (MCNA) issues a statement in support of balancing the mechanical licensing collective (MLC) board. The MLC board currently consists of ten corporate music publishing representatives and just four writers who oversee MLC’s annual collection and distribution of hundreds of millions in music royalties. Since before the passage of the MMA in 2018, MCNA has advocated for a more equitable board structure for music creators.

Source: Is the MLC Board Woefully Imbalanced?

You Can Now Invest in ‘Shrek’ Music Rights the Same Place You Buy Stocks

Starting Thursday, customers of investing platform Public will be able to purchase a slice of the rights to the score of the “Shrek” film franchise and receive quarterly payouts. While royalty payments fluctuate depending on content consumption, the “Shrek” composition rights generated an annualized dividend yield above 8% in 2022 and 2021, according to Public.

Source: WSJ News Exclusive | You Can Now Invest in ‘Shrek’ Music Rights the Same Place You Buy Stocks

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