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Universal Music Group (UMG) Ask Streaming Services to Cut Out Songs Generated by AI

A person familiar with the matter revealed that UMG has been sending out requests “left and right” to take out songs generated by AI. As artificial intelligence (AI) content is on the rise, Universal Music Group (UMG) has ordered music streaming platforms to block AI-generated music. Since the launch of OpenAI’s ChatGPT, AI-generated content has seen an unusual rise and adoption by many. As expected, the world is divided on accepting this new technology. While many see the AI chatbot as a...

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Warner Music Group Files for IPO, It Is to Go Public in 2020

Warner Music Group is now the latest high-profile company that has taken a decision to go for a public listing in 2020.American multinational entertainment and record label, Warner Music Group, has announced that it has filed a registration statement for an IPO to sell shares of its common stock which are proposed to be sold by certain of Warner Music Group’s stockholders.Warner Music Group became the latest big-name company to opt for a public listing since the turn of the year. The number...

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