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TikTok is set to lose some major musical artists over AI and pay dispute
The contract between the two companies expires today.
The label says it’s focused on three main areas for contract renewal: securing appropriate compensation for performers and songwriters; protections against AI-generated music flooding the platform; and bolstering online safety. Reuters reports that just yesterday, ByteDance CEO Liang Rubo said at a companywide meeting that the company hasn’t paid enough attention to AI technologies and faces challenges from newer, more nimble startups. In a recently published interview with The New Yorker, UMG CEO Lucian Grainge warned that unregulated AI-generated music could wreak havoc on the industry, painting a scenario in which illegitimate versions of Kanye West songs could be produced featuring Taylor Swift’s voice: “Get your head around that.
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