Sony Music Group, one of the world's largest record labels, has issued a stark warning to AI companies and music streaming services. Sony prohibits any text or data mining, web scraping, or similar uses of its content for AI training or development. Representing artists like Lil Nas X and Celine Dion, Sony aims to protect intellectual property and ensure rightful compensation, urging over 700 companies to refrain from unauthorized use.
Universal Music Group and TikTok Forge Multi-Dimensional Licensing Agreement: Universal artists and songwriters set to thrive as their music returns to TikTok's global platform, marking a new era of collaboration prioritizing creative welfare and commercial potential.
Encouraging app download and search query trends suggest Spotify is on track to meet MAU and Premium Subscriber targets, with potential for mid- to high-teens growth and improved margins, despite investor skepticism about sustained revenue growth