Sony Music Group warns more than 700 companies against using its content to train AI [MSNBC.com]
Sony Group Corporation American Depositary Shares (SONY)
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Source: MSNBC.com
One of the biggest record labels in the world is issuing notices warning hundreds of companies not to train artificial intelligence models on its content without permission.Sony Music Group — which owns such well-known labels as Columbia Records, RCA Records and Epic Records — has started sending formal letters to more than 700 generative AI companies and streaming platforms prohibiting them from mining text or data, web scraping or otherwise using any SMG content without explicit licensing agreements.That covers a wide variety of content, including audio recordings, musical compositions (including lyrics), cover artwork and metadata, according to a copy of the letter obtained by NBC News.In its letter, SMG said it recognizes the “significant potential and advancement” of AI."However, unauthorized use of SMG Content in the training, development or commercialization of AI systems deprives SMG Companies and SMG Talent of control over and appropriate compensation for the uses of SMG Cont
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News
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- Sony Pictures acquires Alamo Drafthouse dine-in movie theater chain [MSNBC.com]MSNBC.com
SONY
Earnings
- 5/15/24 - Beat
SONY
Sec Filings
- 6/5/24 - Form 6-K
- 5/28/24 - Form SD
- 5/24/24 - Form 6-K
- SONY's page on the SEC website