Meta and UMG Forge Multi-Year Deal to Combat AI Piracy and Boost Artist Compensation
August 12, 2024Meta and Universal Music Group (UMG) have entered into a new multi-year licensing agreement aimed at expanding the use of UMG's content across Meta's social apps, including Facebook, Instagram, Messenger, Horizon, Threads, and for the first time, WhatsApp.
This agreement builds on UMG's history with Meta, as it was the first major music company to license its music catalogs for Facebook's platforms back in 2017.
A significant focus of the new agreement is to collaboratively tackle unauthorized AI-generated content that could negatively impact artists and songwriters.
UMG is particularly concerned about protecting its artists from unauthorized AI content and plans to work closely with Meta to address these challenges.
The renewed agreement also emphasizes fair compensation for artists and songwriters, a critical aspect of the partnership.
UMG's Chief Digital Officer, Michael Nash, expressed satisfaction with Meta's commitment to respecting creativity and protecting artists' rights, highlighting the importance of music on Meta's platforms.
The partnership aims to enhance monetization opportunities for UMG and its artists, particularly through short-form video content across all platforms.
Tamara Hrivnak, Meta's VP of music and content business development, emphasized that music plays a crucial role in connecting fans, artists, and songwriters across Meta's apps.
UMG, valued at $54 billion, represents over a third of the music market and recently resolved a contentious negotiation with TikTok, allowing its artists' music to return to the platform.
This agreement comes in the wake of a lawsuit by the Recording Industry Association of America against AI music generation startups for allegedly using copyrighted music to train their AI models.
Both companies are committed to protecting human creators and ensuring fair compensation for artists and songwriters, addressing concerns over unauthorized AI-generated content.
Summary based on 11 sources
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Sources
TechCrunch • Aug 12, 2024
Meta, Universal Music Group addresses AI music in new licensing agreement | TechCrunchThe Verge • Aug 12, 2024
Meta’s new music deal with UMG includes Threads and WhatsAppLos Angeles Times • Aug 12, 2024
Universal Music inks major licensing deal expansion with Meta - Los Angeles TimesPR Newswire • Aug 12, 2024
META AND UNIVERSAL MUSIC GROUP ANNOUNCE EXPANDED GLOBAL AGREEMENT