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AI Music Startup Licenses Major Labels' Catalogs
20 Nov
Summary
- Major music labels licensed catalogs to an AI startup.
- Klay is the first AI music service with deals from all three majors.
- Users can remake songs in different styles using AI tools.
A groundbreaking AI music streaming startup, Klay, has secured licensing agreements with Universal Music Group, Sony Music, and Warner Music Group. This landmark deal grants Klay access to thousands of tracks, enabling its AI to learn and users to remake songs in various styles.
Klay stands out as the inaugural AI music platform to achieve partnerships with all three major record labels. The company has committed to providing artists and labels with control over the utilization of their musical works, addressing growing concerns in the creative industries.
This development arrives amidst increasing scrutiny of generative AI's impact on creative fields, marked by lawsuits over alleged copyright infringement. The agreements signal a move towards new revenue streams while aiming to protect artists' rights in the evolving digital landscape.
