On Spotify’s earnings call, Daniel Ek commented concerning AI’s relationship to music, “this is very early days, and it’s an incredibly fast developing space.” But, Ek added, “I don’t think I’ve ever seen anything like it in technology, how fast innovation and progress is happening in all the cool and scary things people are doing with AI.” So those are legitimate concerns.”Įk then affirmed that “obviously, those are things working with our partners on to establish a position where we both allow innovation, but at the same time, protect all of the creators we have on our platform.” He further stated that “he AI pushback from the copyright industry, or labels and media companies, is really issues like ‘name and likeness,’ what is actual copyright, who owns the right to something where you upload something and claim it to be Drake it’s really not, and so on. In reply, Ek said, “AI DJ… we’ve had nothing but positive reactions from across the industry”. But AI imitating the voice of authentic artists and creating new music is a big copyright issue that can take a toll on music companies and artists. Spotify is using AI music and launching its AI-powered personalized DJ service. The Universal Musical Group said, “ platforms have a fundamental legal and ethical responsibility to prevent the use of their services in ways that harm artists.” After the controversy, the platform immediately took down the music. This AI-generated music created a buzz around how this could be a copyright issue and a false display of credits. For example, a recent controversy occurred when a track featured AI-generated vocals copying the voices of Drake. Other Takeaways from Ek’s Call with Analysts TodayĪfter discussing massive success and new features like Spotify to start audiobook service soon, it also focuses on some concerns. Also, the platform’s Monthly Active Users (MAU) in the firm’s average quarterly net is +29.5 million, an impressive annual run-rate of +118 million MAUs per year. In a talk with analysts, Spotify CEO Daniel Ek said that the quarter-on-quarter (QoQ) evolution of Spotify was the second biggest in Spotify’s history. Moreover, at this rate, it will have billion global users by the midpoint of 2027. The number of Spotify listeners has reached half a billion with the ability to preview music, podcasts, and audiobooks. It will ensure that AI music flourishes while not harming its reputed artists. The platform has confirmed working with labels to stop copyright threats from AI music. But the recent launch of AI music in the voice of popular artists is welcoming controversy. Spotify is one of the leading global platforms in music, podcasts, audiobooks, and more.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |