Pophouse Entertainment closes $1.3bn music rights buying fund

Pophouse Entertainment, the Sweden-based music investment firm co-founded by ABBA’s Björn Ulvaeus, has raised over EUR €1.2 billion (USD $1.3 billion) for its debut fund. The Stockholm-based company announced Monday (March 31) that Pophouse Fund I raised over €1 billion ($1.1 billion), reaching its hard cap and making it, “one of the largest first-time private equity funds to be raised in Europe in the last decade”.

Source: Pophouse Entertainment, the firm behind ABBA Voyage, closes $1.3bn music rights buying fund

China’s $6B-valued Kunlun Tech debuts ‘world’s first’ music reasoning model

Kunlun claims that Mureka O1 outperforms competing models like Suno V4 across multiple metrics, with strong results in mixing quality, vocal textures, and background instrumentation. The company says its AI models’ ability to carry out subjective assessments places them “among the top-tier” in the category.

Source: China’s $6B-valued Kunlun Tech debuts ‘world’s first’ music reasoning model, claims it can outperform Suno

Movie studios are being financially rewarded for AI slop on YouTube

Some Hollywood studios are reportedly earning money from fake AI-generated movie trailers on YouTube, against the wishes of the union representing actors. According to a report from Deadline, Warner Bros. Discovery, Paramount, and Sony Pictures redirected ad revenue to themselves instead of enforcing copyright protections and shutting down the popular Screen Culture and KH Studio trailer accounts.

Source: Movie studios are being financially rewarded for AI slop on YouTube

The AI tipping point is happening – and here’s how it will affect the music industry

Agentic AI and quantum computing are crashing into the music industry faster than anyone is ready for. The pace of change is breathtaking: what used to take years is now happening in weeks. These technologies also bring massive potential – but also present some pretty alarming challenges.

Source: The AI tipping point is happening – and here’s how it will affect the music industry

GetReal Security raises $17.5m to combat AI deepfakes

A cybersecurity company that combats AI deepfakes called GetReal Security has closed a $17.5 million Series A funding round. GetReal says it “specializes in the detection and mitigation of malicious generative AI threats” including deepfakes and impersonation attacks. Its technology is used by “multinational corporations, financial institutions, media organizations, government agencies, and social media companies”.

Source: GetReal Security raises $17.5m to combat AI deepfakes

New draft of EU AI Code of Practice Waters Down Copyright Compliance Rules

The penultimate draft of the European Union’s AI Code of Practice has a blind spot: it only limits copyright compliance requirements to web crawling. This narrow focus ignores other data collection methods—such as torrenting—potentially creating loopholes in AI training data regulations.

Source: Is Web Scraping the Only Copyright Concern for AI? – Open Future

Judge allows ‘New York Times’ copyright case against OpenAI to go forward

A federal judge on Wednesday rejected OpenAI’s request to toss out a copyright lawsuit from The New York Times that alleges that the tech company exploited the newspaper’s content without permission or payment. In an order allowing the lawsuit to go forward, Judge Sidney Stein, of the Southern District of New York, narrowed the scope of the lawsuit but allowed the case’s main copyright infringement claims to go forward.

Source: Judge allows ‘New York Times’ copyright case against OpenAI to go forward

Music publishers ‘remain very confident’ of winning Anthropic case 

As reported earlier today (March 26), a federal judge in California shot down a request from UMG and the other music publishers (including Concord and ABCKO) to block the AI company from using song lyrics to train its AI models. Importantly, the court did, however, issue two separate but related discovery orders on March 25 – granting Universal and the other publisher plaintiffs significant investigative tools to potentially improve their legal arguments.

Source: Music publishers ‘remain very confident’ of winning Anthropic case and will ‘vigorously pursue’ monetary damages

Movie Theaters Wait for Comeback as Screens Shut Down

With fewer people stopping by the box office, Regal Cinemas, Pacific Theatres, Alamo Drafthouse and others filed for Chapter 11. Some of these companies have reemerged after bankruptcy; others have dimmed their marquees forever. As a result, North America has 5,691 fewer screens compared with pre-COVID times, according to research by media consultancy Omdia.

Source: With 5,700 Movie Screens Shut Down and the Box Office in a Slump, Theaters Are Still Waiting for a Post-Pandemic Comeback

What the RIAA, NMPA want from Donald Trump’s AI Action Plan

The industry bodies demand that AI developers obtain proper licenses before using copyrighted works to train their models. They point to precedents like OpenAI’s licensing agreements with media companies such as ShutterStock and the Financial Times as a positive model. The recommendation emphasizes that licensing of AI training creates a “symbiotic relationship” between rights owners and AI developers.

Source: What the RIAA, NMPA and other music organizations want from Donald Trump’s AI Action Plan

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