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Universal Music Group Posts $3.78 Billion in Revenue For Q3, Signals Fight Against AI Slop

UMG CEO Lucian Grainge discussed the proliferation of AI music during the company's earnings call, calling for DSPs to pay out less for AI slop tracks than to genuine artists.

We haven't written up this one. The Hollywood Reporter has the full story — the link below goes straight to it.

Read the original at hollywoodreporter.com →

More in AI

Carney frames C$1.6B AI investment as national security imperative

”We’re not waiting for the future of AI to be decided somewhere else by those we don’t know or … don’t trust,” Carney said ahead of Canada-EU summit.

  • Prime Minister Mark Carney frames C$1.6B AI investment in Cohere as national security imperative.
  • Carney stresses Canada won't wait for AI advancements to happen elsewhere.
  • Cohere co-founder Aidan Gomez announces Series E funding round totaling C$7B.

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