Earlier today (August 5), music publisher Kobalt announced a landmark licensing agreement with ElevenLabs’ new AI music platform, Eleven Music – a rival to Suno. Now, MBW has confirmed details of this potentially precedent-setting deal, which could reshape the music industry’s approach to generative AI licensing. The opt-in agreement between Kobalt and $3.3 billion-valued Eleven Labs establishes what sources describe as “parity” …
Read More »Tag Archives: ElevenLabs
ElevenLabs launches an AI music generator, which it claims is cleared for commercial use
The AI audio-generation unicorn ElevenLabs announced a new model on Tuesday that allows users to generate music, which it claims is cleared for commercial use. This move marks ElevenLabs’ expansion beyond its main focus thus far in its three years of existence, which has been building AI audio tools. ElevenLabs is a leader among companies making text-to-speech AI products, and …
Read More »Exclusive | Voice Startup ElevenLabs Launches AI Music Service – The Wall Street Journal
Exclusive | Voice Startup ElevenLabs Launches AI Music Service The Wall Street Journal Source link
Read More »