Universal, Sony and Warner sign licensing agreement with AI music startup Klay

The three major labels in the music industry and their publishing branches, Universal Music Group, Sony Music EntertainmentAnd Warner Music Grouphave concluded individual licensing agreements with the AI ​​music start-up company, Klay.

As Consequence of the sound notes that Klay is building a streaming platform that allows users to recreate songs using AI.

As the majors strike this deal with Klay, the startup becomes the first AI company to confirm licensing agreements with the three majors and have the ability to train its “Large Music Model” on the rosters’ music.

A statement from Klay said the company will “evolve” the music experience for users. It will also reportedly “harness the potential of AI while fully respecting the rights of artists, songwriters and rights holders.”

Universal Music Group partnered with Klay late last year. In announcing the move, the label stated…