Universal Music Group and Meta Platforms extend licensing agreement, including AI-generated content and monetization on social media platforms.

Universal Music Group (UMG) and Meta Platforms, the parent company of Facebook, have expanded their licensing agreement to include AI-generated content, music revenue, and more. The updated multi-year deal aims to bring more monetization opportunities to UMG artists and songwriters across Meta's social media platforms, including Facebook, Instagram, Messenger, and WhatsApp for the first time. The agreement also aims to protect human creators and artistry, ensuring artists and songwriters are compensated fairly while addressing unauthorized AI-generated content that could impact artists and songwriters.

August 12, 2024
16 Articles