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Stock impact report

Warner Music Group settles lawsuit with AI firm Suno [Los Angeles Times (CA)]

Warner Music Group Corp. - Class A (WMG) 
WMG artists can opt-in to have their names, voices and compositions used in AI-generated music, opening new revenue streams for creators. Suno will launch licensed models next year with new download restrictions, barring users with free accounts from downloading songs they create, and limiting the number of downloads for paid-account users. Warner Music Group on Tuesday announced a partnership with AI business Suno that will compensate music artists and songwriters, ending a legal battle between the two companies. Suno allows users to write text prompts to create songs. Last year, music companies including WMG sued Suno accusing it of using copyrighted songs to train AI models. Under the partnership, Cambridge, Mass.-based Suno will make changes to its platform next year and launch new licensed models and place download restrictions. For example, users on the free tier will not be able to download songs they made. Paid users will have caps on downloads but can pay more to inc Show less Read more
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