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Stock impact report

Bandcamp takes a stand against AI music, banning it from the platform [TechCrunch]

Sony Group Corporation American Depositary Shares (SONY) 
Company Research Source: TechCrunch
Bandcamp's new guidelines state that music and audio generated “wholly or in substantial part by AI” is not permitted, and that it will not allow the use of AI tools to impersonate other artists or styles. So, if Drake had released “Taylor Made Freestyle” on Bandcamp, he would've had a problem (and maybe it would've been for his own good As AI music generators like Suno become more sophisticated, it's become harder to avoid synthetic music — songs created with AI tools have topped charts on Spotify and Billboard . AI music now sounds real enough that it can be difficult to decipher how it was made. In one high-profile example, Telisha Jones, a 31-year-old in Mississippi, used Suno to turn her (supposedly organic) poetry into the viral R&B song “ How Was I Supposed To Know .” Her AI “persona,” Xania Monet, received multiple bids for record deals before signing with Hallwood Media in a deal reportedly worth $3 million The legality of AI-generated music is up in the air. Suno is Show less Read more
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