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Copyright & Regulation

AI could put up to €22 billion in revenue at risk for music and audiovisual creators by 2028, according to CISAC study on Gen AI

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A global study measuring the economic impact of AI in the music and audiovisual sectors — commissioned by the International Confederation of Societies of Authors and Composers (CISAC) — has estimated that while the market for generative AI will grow in both sectors, revenues for creators are likely to drop significantly by 2028 if the global copyright framework does not evolve. In addition, the report calculated that the value extracted by tech companies using Generative AI will grow substantial...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Copyright & Regulation

ByteDance’s AI tool Seedance 2.0 sparks defiant reactions from rights holders

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It started with a video featuring Brad Pitt and Tom Cruise fighting on a rooftop, it was followed by outrage from copyright holders, then threats of legal action ensued. At the heart of the matter is the new ideo-generating artificial intelligence model Seedance 2.0, released on February 12 by ByteDance, the Chinese parent company of TikTok, which allows users to generate videos and other complex workflows. The system is designed for professional film, e-commerce, and advertising productions, w...

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Copyright & Regulation

European Commission approves UMG’s acquisition of Downtown and requires the divestment of Curve Royalty Systems

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The European Commission's competition division has given the green light to the acquisition of Downtown Music Holdings by Universal Music Group's distribution and services unit for the independent sector Virgin Music Group (VMG). In a February 13 decision, the Commission said the approval was "conditional upon full compliance with the commitments offered by the companies, which entail the full divestment of Downtown's royalty accounting platform Curve Royalty Systems, Ltd ('Curve')." In a statem...

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Copyright & Regulation

Daren Tang elected for a second six-year term as Director General of the World Intellectual Property Organisation (WIPO)

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Daren Tang, the Director General of the World Intellectual Property Organisation (WIPO) has been elected by the WIPO Coordination Committee for a second six-year term. Tang was first elected by WIPO’s 83-member Coordination Committee in March 2020 from a list of six candidates. He previously served as the Chief Executive of the Intellectual Property Office of Singapore (IPOS).

This time, The Coordination Committee, held one round of voting from a list of two candidates. The second candidate ...

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