The move gives UMG and its partners more control over how copyrights are used and compensated by participating AI models.
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Music IP Holdings (MIH) — an intellectual property development company formed through a strategic partnership between Universal Music Group (UMG) and Liquidax Capital — revealed on Thursday (Aug. 20) that AI music start-ups Udio and GRAI are the first two companies to license patents from its portfolio for use in developing their AI products. According to a press release, the MIH patents will specifically be used to support “the development of licensed AI services including covers, remixes and a wide range of interactive music experiences.”
So far, MIH holds and manages more than 24 patents and has over 50 patents pending, all of which provide frameworks for creating “responsible,” licensed AI content products. The press release says MIH patents can help with everything from moderation, watermarking, identification tagging, authorization, licensed distribution and payment “across open and closed ecosystems.”
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