Universal Music and Warner Music, record labels whose catalogs include Taylor Swift, Ariana Grande, and Charli XCX, are within weeks of striking licensing deals that could redefine how the music industry handles the AI era, according to the Financial Times.
Talks are underway with tech heavyweights like Google and Spotify and a slew of AI startups including Klay Vision, ElevenLabs, and Stability AI, the report says. Some — notably music-generating ventures Suno and Udio — are actively…