Musical AI and Beatoven.ai are joining forces to create a revolutionary AI-driven music platform, set to launch in late 2025. This platform is designed to ensure that artists and rights holders are fairly compensated whenever their contributions are incorporated into AI-generated tracks.
With access to a vast catalog of over 3 million songs, loops, and sound samples, the platform will combine Beatoven.ai’s cutting-edge music creation technology with Musical AI’s robust licensing framework. Together, they aim to set a new standard for AI-generated music, ensuring copyright compliance and respect for creators.
What makes this platform unique is its focus on equitable compensation. Artists will receive a share of the revenue each time their work is used in AI-generated music, following a model similar to royalty distribution on streaming services.
Targeted at businesses, the platform will offer customizable services for integrating AI-generated music, while ensuring accurate crediting and fair rewards for creators.
Sean Power, CEO of Musical AI, highlighted the importance of ethical AI innovation, stating, “This collaboration with Beatoven.ai demonstrates that AI can respect creators while being commercially successful. We’re proving there’s no need to cut corners—everyone wins when the process is done right.”
Mansoor Rahimat Khan, Founder and CEO of Beatoven.ai, emphasized their commitment to artist advocacy, saying, “We’ve always worked directly with independent artists to ensure fair treatment. Partnering with Musical AI enables us to scale that approach and show the industry that AI models can be built ethically while still creating value for everyone involved.”
The rapid growth of AI music tools has raised significant concerns about copyright infringement and fair compensation, with major labels like Universal Music Group and Sony Music pursuing legal action against AI platforms accused of unauthorized use of copyrighted material.
This partnership offers a promising alternative, blending innovation with respect for creators. By prioritizing legal compliance and fair compensation, Musical AI and Beatoven.ai are paving the way for a more ethical and equitable future for the music industry in the age of AI.
This platform is designed to ensure that artists and rights holders are fairly compensated whenever their contributions are incorporated into....
December 14, 2024