AI music boom may hit artist royalties, warns Fitch Ratings

, By The Economic Times
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Growth in Artificial Intelligence (AI) generated music could gradually weaken demand for artist-created content and impact royalty-backed music intellectual property (IP) asset-backed securities (ABS), cautioned Fitch Ratings

According to Fitch, AI tools are enabling users to create and distribute music at unprecedented speeds, flooding digital service providers (DSPs) platforms and intensifying competition for listener-based revenues.

This trend could eventually reduce royalty payments that support music IP ABS. Big Industry stakeholders says…



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AI music boom may hit artist royalties, warns Fitch Ratings

, Published By The Economic Times
Tech



Growth in Artificial Intelligence (AI) generated music could gradually weaken demand for artist-created content and impact royalty-backed music intellectual property (IP) asset-backed securities (ABS), cautioned Fitch Ratings

According to Fitch, AI tools are enabling users to create and distribute music at unprecedented speeds, flooding digital service providers (DSPs) platforms and intensifying competition for listener-based revenues.

This trend could eventually reduce royalty payments that support music IP ABS. Big Industry stakeholders says…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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