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 »Kobalt’s AI deal with Suno rival ElevenLabs guarantees publishing ‘parity’ with recorded music
