"Sony Music Warns Companies To Stop Training AI On Its Artists' Content; Unauthorized Use Deprives Sony And Its Artists Of "Control And Compensation" Of Their Content, According To The Company" - Bloomberg News
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Sony Music Group has issued warnings to over 700 companies, including AI firms and music streaming platforms, to stop using its artists' content without permission. The company emphasizes that unauthorized use deprives Sony and its artists of control and compensation.
May 16, 2024 | 3:07 pm
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Sony Music Group has warned over 700 companies, including AI firms and music streaming platforms, to cease unauthorized use of its artists' content. This move aims to protect Sony's intellectual property and ensure proper compensation and control.
Sony's proactive stance on protecting its intellectual property could positively impact its stock by reinforcing its commitment to artist rights and potentially leading to new licensing agreements. This move may also deter unauthorized use, preserving revenue streams.
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