All articles tagged with #licensing agreements
ElevenLabs has launched Eleven Music, an AI platform for generating studio-grade music from natural language prompts, with licensing deals with Kobalt and Merlin to protect rights holders and ensure fair compensation, entering the competitive AI music space with a focus on responsible licensing and industry collaboration.
Universal Music Group has removed the music catalogs of major artists like Taylor Swift and Drake from TikTok after failing to renew licensing agreements. UMG accused TikTok of offering a "bad deal" that didn't address concerns about artist compensation and online safety, while TikTok criticized UMG for prioritizing greed over artists' interests. As a result, UMG-owned music on TikTok will be muted, and users will need to find alternative options from other labels.
2K has pulled Spec Ops: The Line from digital storefronts due to expiring partnership licenses, making it unavailable on platforms like Steam. The game's director expressed confusion over the decision, citing the relevance of its themes. Delisting due to licensing issues is common, as seen with the original Alan Wake, but reinstatement is possible with renegotiated agreements. Spec Ops: The Line, known for subverting traditional game violence, has become a cult classic despite initial poor sales, and its digital unavailability is a significant setback.
Sony has reversed its decision to remove Discovery shows from the PlayStation Store after December 31. The company has updated its licensing agreements, allowing customers to keep their purchased shows. Earlier this month, Sony had announced the removal of around 1,200 titles, sparking concerns about the meaning of digital ownership. The decision comes amidst Warner Bros Discovery's loss of 2.5 million subscribers to its streaming service Max.
YouTube has evolved from a platform for promotional shorts to a rival of TV networks, offering high-quality long-form videos and user-generated content. With YouTube's viewership shifting to the big screen and networks launching their own streaming services, licensing agreements between networks and YouTube undermine the long-term strategy of streaming platforms. Networks should focus on their own platforms, offering exclusive content and maintaining control over distribution, user experience, data, monetization, and cross-promotion. Failure to do so risks repeating the negative impact of Facebook and Google's dominance. It's time for networks to cut ties with YouTube to secure their future.
Demand for Lionel Messi's Inter Miami jerseys is skyrocketing ahead of his expected debut, but getting an official one is currently impossible due to unresolved contract details and licensing agreements. Even Inter Miami's website cannot customize a jersey with Messi's name and number. Counterfeit jerseys have been spotted, making it difficult to distinguish authentic ones. The delay in finalizing Messi's contract, which includes licensing agreements with Adidas and Apple, is causing the hold-up. Once everything is settled, there may still be delays in obtaining the highly sought-after jerseys.