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Meta, Universal Music Group Take Aim at AI Content in Expanded Licensing Deal
UVVUniversal (UVV) Investopedia·2024-08-12 22:01

Key Takeaways Meta and UMG expanded their global music licensing deal, now including WhatsApp for the first time. The companies said they plan to fight unauthorized AI-generated content so artists are fairly compensated. Since the Meta-UMG partnership was formed in 2017, it has amplified artists and their music on platforms including virtual reality. Meta Platforms (META) and Universal Music Group (UMGNF) announced a multi-year deal designed to create business opportunities for artists and songwriters on Fa ...