Nicki Minaj, Billie Eilish, Katy Perry and other musicians sign letter against irresponsible AI | TechCrunch
A group of 200 musicians signed an open letter calling on tech companies and developers to not undermine human creativity with AI music generation tools.
Governor Bill Lee signed the Ensuring Likeness Voice and Image Security (ELVIS) Act, which updates the state’s right of publicity laws that dictate how a person’s likeness can be used. The ELVIS Act expands the law to protect voice, too, in the age of AI clones. In 2023 I wrote about the patchwork system of right of publicity laws in the US. Tennessee — with its significant entertainment industry — has some of the strongest laws in the country.
How Wall Street Is Turning Your Favorite Artist’s Songs Into Bonds
Artists like Tina Turner and Justin Timberlake are part of a multi-billion-dollar market for music royalties that asset managers predict could double or triple in size soon. WSJ’s Dion Rabouin explains Wall Street’s newest fad: music-backed securities. Photo illustration: Noah Friedman/Gary Gershoff/Getty Images
The European Commission hit Apple with a $1.8 billion dollar fine after concluding that the company used its dominance to restrict music streaming competition.