Sony Music Entertainment

In January, the Trump Administration issued an executive order directing the development of an AI Action Plan "to sustain and enhance America's global AI dominance". Last month, the US government invited the public to share their ideas for the AI Action Plan via the Federal Register's website through March 15.

Subscription streaming boosted global recorded music revenues for a tenth straight year in 2024, by 4.8% to $29.6 billion, an industry group said on Wednesday, while urging policymakers to protect artists from copyright threats by artificial intelligence developers.

The IFPI calls on policymakers to help "amplify human creativity, not to replace it," while Universal Music is looking for "how AI can help and enhance the artist proposition."

We recently published a list of AI Stocks Dominate Friday's Top 10 Performers. In this article, we are going to take a look at where SoundHound AI Inc. (NASDAQ:SOUN) stands against other AI stocks that dominate Friday's top performers.

In April 2024, more than 200 artists, including Billie Eilish, Kacey Musgraves, J Balvin, Ja Rule, Jon Bon Jovi, the Jonas Brothers, Katy Perry and Miranda Lambert, signed an open letter speaking out against artificial intelligence-related threats in the music industry.

The copyright lawsuit against OpenAI by major music labels highlights fears of unauthorised AI use, risking artists' rights and income. Experts warn that AI-generated music may dilute originality, disrupt revenue streams,

Sony Music has revealed the scale of its battle with artificial intelligence fakes of its artists by saying it has taken down more than 75,000 examples of AI-generated material featuring its biggest stars,

Spotify is developing premium-tier AI music creation tools that could transform passive listeners into active creators while generating higher revenue streams.