Warner Music (WMG) Group and Udio announced an agreement that resolves the companies’ copyright infringement litigation and establishes a clear framework for the development of Udio’s licensed AI music creation service, set to launch in 2026. “Through this collaboration, Udio will develop a next-generation music creation, listening, and discovery platform powered by generative AI models trained on licensed and authorized music. The agreement-which spans WMG’s recorded music and music publishing businesses-creates new revenue streams for artists and songwriters, while ensuring their work remains protected,” the companies stated. “Collaborating with WMG marks a significant milestone in our mission to redefine how AI and the music industry evolve together. This partnership is a crucial step towards realizing a future in which technology amplifies creativity and unlocks new opportunities for artists and songwriters. Our new platform will enable experiences where fans can create alongside their favorite artists and make extraordinary music in an environment that offers artists control and connection. We’re absolutely thrilled to be working with WMG in creating this new future,” said Andrew Sanchez, Co-Founder and CEO of Udio.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMG:
- Warner Music settles lawsuit with Udio, agrees to licensing pact, FT reports
- Warner Music announces AI music creation collaboration with Stability AI
- WMG Earnings this Week: How Will it Perform?
- Warner Music Group Declares Quarterly Dividend Announcement
- Wall Street Listens to Spotify’s (SPOT) Pricing Tune — Should You Buy Ahead of Q3?
