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UMG Enters Strategic Collaboration with AI Music Company KLAY

Oct 28, 2024•over 1 year ago

Contract Type

partnership

Santa MonicaSustainabilityMusic

Description

Universal Music Group (UMG) has announced a partnership with AI music company KLAY in a strategic deal aimed at pioneering a commercial, ethical foundational model for AI generated music. The collaboration aims to support the music industry and its creators by promoting a new era in AI-driven music products and experiences.

Company Information

Company

Universal Music Group

Location

Santa Monica, California, United States

About

Universal Music Group (UMG) is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content in more than 60 countries. Featuring the most comprehensive catalog of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans.

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Based on industry data
Strategic partnership established
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