Universal Music Group and BandLab Technologies Announce AI Collaboration

Yashu Gola
By Yashu Gola 2 Min Read
Universal Music Group and BandLab Technologies Announce AI Collaboration
Universal Music Group and BandLab Technologies Announce AI Collaboration

YEREVAN (CoinChapter.com) — Universal Music Group (UMG) and BandLab Technologies have unveiled a strategic collaboration centered on artificial intelligence (AI), establishing a new standard for responsible AI practices within the music industry.

The partnership underscores the shared commitment to ethical AI use and safeguarding the rights of artists and songwriters. Both entities will pioneer market-driven solutions based on pro-creator standards to ensure emerging technologies’ effective and ethical deployment.

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BandLab is the first global music creation platform to support the Human Artistry Campaign (HAC), advocating for AI technologies that encourage human creativity and culture.

Sir Lucian Grainge, Chairman & CEO of Universal Music Group, commends BandLab’s ethical AI approach, recognizing the potential benefits of their accessible technology.

Michael Nash, UMG’s EVP and Chief Digital Officer, commends BandLab and the Caldecott Music Group for seamlessly integrating social music and digital innovation. He emphasizes UMG’s commitment to nurturing emerging talent, underscoring BandLab as an ideal partner.

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Meng Ru Kuok, CEO and Founder of Caldecott Music Group and CEO of BandLab Technologies stresses their commitment to respecting artists’ rights and maximizing AI’s potential in music creation.

Protecting Artists from AI Violations

With millions of users sharing this enthusiasm, BandLab is determined to ensure that technological advancements in music creation uphold the rights of artists and songwriters. This commitment is demonstrated by their partnership with UMG and their alignment with the principles of the Human Artistry Campaign.

In summary, this collaboration sets forth an era of creative, marketing, and commercial opportunities for artists actively engaging with BandLab’s creator community.

Together, they are resolute in their dedication to responsibly employing AI in the creative process, safeguarding and supporting current and future music luminaries.

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including CoinChapter, NewsBTC, FxDailyReport, Bitcoinist, and CCN. Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

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