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Meta and Universal Music Group Strike a New Deal, Aiming to Expand Artist Compensation

Meta and Universal Music Group Strike a New Deal, Aiming to Expand Artist Compensation

The Universal Music Group (UMG) has announced recent updates to their long standing music licensing agreement with Meta. This new deal marks an important step forward in the partnership between the biggest social media company in the world and the top record label in the music game. It’s a revised agreement that aims to change how music will be shared and monetized across various Meta platforms, which include Threads and WhatsApp. Both companies are confident that this music licensing deal will tackle the growing concern around AI generated content as well as lay a focus on artist compensation.

A wide reach for licensed music

This partnership deal is set to give Meta’s vast user base freedom to enjoy and share music from UMG’s extensive library without any copyright infringement issues. All social networks owned by Meta including a first time licensing for WhatsApp and the recently launched Threads are all covered in this new deal. It’s a win for both parties as more Meta users will enjoy legal access to UMG’s music catalog, and on the other side, artists under the management of Universal Music Group will gain the exposure required to raise their celebrity profile. UMG extended this commitment to ensure the work of their music artists is respected and appropriately monetized in today’s digital setup.

Addressing AI generated music

Michael Nash, the Chief Digital Officer and Executive Vice President at Universal Music Group, made this announcement following an increase in unapproved AI generated music content. As artificial intelligence technologies are growing, quite a number of artists have noticed that their work is being exploited without their consent and often used to train Ai models or produce deep fakes. With this music licensing agreement, Meta and UMG are taking a proactive stance to safeguard the ownership rights of artists by specifically tackling the misuse of AI in music creation.

“We look forward to continuing to work together to address unauthorized AI generated content that could affect our artists and songwriters,” Michael Nash said in a press announcement.

Context within the industry

This music licensing deal comes after a period of tension between Universal Music Group and TikTok earlier this year. It’s a controversy which led to UMG’s music catalog being temporarily taken from TikTok mainly due to challenges of balancing content distribution with artist rights on the platform. Music licensing is a serious issue and it’s further demonstrated in the recent lawsuit against AI music startups by the Recording Industry Association of America (RIAA), the startups are accused for allegedly using copyrighted material to develop artificial music. 

UMG’s stance on AI is fully portrayed in this partnership with Meta; a commitment to make sure music is not misused by AI technologies without giving due credit.

What lies ahead

Meta has emerged as a more accountable player in the music industry, especially with regard to how the company is handling AI technologies. This new multi year agreement with Universal Music Group marks a great development in online protection and promotion of music, it’s a deal that expands licensing of tracks to various platforms. As more artists continue to deal with the effects of artificial intelligence, this partnership could serve as an example for other companies looking to balance modern trends with ethical practices.

The goal of Meta and Universal Music Group is to assure artists they will be compensated fairly and their rights protected in the digital realm. Music agreements like this are soon going to become the new norm, since the boundaries separating creativity and technology are becoming blurred day in, day out.

Image Source: pexels.com

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