Universal Music Group has successfully priced a EUR €1 billion (USD $1.15 billion) bond offering. The bond sale is split into two tranches of €500 million each, UMG said on Tuesday (June 9). UMG, which trades on the Euronext Amsterdam, confirmed today (June 9) that it “has successfully priced €500m of 3.375% senior unsecured notes … Continued
'Our new brand is about celebrating the enduring power of songwriting and giving it a clear voice, a lasting home, and a stronger future,' said UMPG Chairman and CEO Jody Gerson
All backers support the Organization for Recorded Culture and Arts (ORCA), forming the round during an ORCA discussion on the future of independent music.
Monica Corton, a music publishing veteran and the founder of Go To Eleven Entertainment, talks about AI — and to the industry’s one great hope for deciding who actually gets paid when machines make music…
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The Paris Commitment urges governments, tech firms and cultural industries to ensure human creators remain protected and fairly remunerated in the AI era.
Suno argued that granting the labels' request would deny the company a timely ruling on whether training its AI model on copyrighted music is fair use.