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Musixmatch Enters AI Agreements with Major Music Publishers
Musixmatch, a leading lyrics and music data company, has announced new AI-driven licensing deals with Sony Music Publishing, Universal Music Publishing Group, and Warner Chappell Music. These partnerships give Musixmatch access to over 15 million musical works' catalogs, enabling the development of innovative AI services. These agreements mark Musixmatch as a pioneer in creating new, responsibly trained AI services using authorized compositions, ensuring remuneration for rights owners and songwriters.
Massimo Ciociola, Musixmatch's CEO, emphasized the importance of these agreements in securing compensation for songwriters in an AI-powered music industry. The deals, rooted in long-standing partnerships, provide a model for responsibly utilizing AI in the music sector, combining technology with ethical practices. Musixmatch plans to leverage these partnerships to build new markets and opportunities, reinforcing its commitment to ethical innovation in music.
R. H.
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