Universal Music Group NV signed an agreement with artificial intelligence-powered music startup Udio to settle a copyright lawsuit and collaborate on a new commercial music creation and streaming service.
Udio will launch the new platform next year, powered by AI technology trained on licensed music from Universal’s artists. The subscription-based service will create a new user experience for fans to customize, stream and share music responsibly, according to a statement from Universal on Wednesday.
Universal’s artists, who include Taylor Swift, Billie Eilish and Elton John, will be compensated by the legal settlement and the new