Industry
DayOneDream and Soneium Partner to Tokenize K-pop IP
Sony-backed blockchain Soneium has partnered with K-pop company DayOneDream to tokenize artist intellectual property onchain, aiming to create new
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Industry
Sony Music Joins AI Policy Coalition ARIAM
Sony Music Group has become the first music company to join the AI policy coalition ARIAM, alongside members like Disney and the BBC.
Industry
Universal and Sony Sue Suno AI Again in $9 Billion Case
Universal Music Group and Sony Music have filed a second lawsuit against AI music platform Suno, alleging massive copyright infringement.
Industry
Udio argues AI training is fair use
AI music company Udio has filed its legal response to Sony Music's lawsuit, arguing its use of recordings for AI training is 'quintessential fair use' and that any potential damages should be drastically lower than Sony claims.
Industry
Jermaine Dupri Drops $18m Sony Lawsuit
Jermaine Dupri and his So So Def companies have voluntarily dismissed their $18 million royalty lawsuit against Sony Music Entertainment, stating the dismissal is without prejudice.
Industry
Major Labels Invest $76M in Stability AI
Universal, Sony, and Warner Music have taken equity in Stability AI through a $76 million funding round. Other news includes Beggars Group's 20% revenue growth, BMG's financial results, a Sony lawsuit against Kroger, and a legal development in the majors' case against Suno.