AI licensing pacts with Udio and Klay, a landmark fraud guilty plea, Apple Music's 2bn fake streams, and a looming royalty rate fight are reshaping the music business.

The NMPA has signed AI licensing deals with Udio and KLAY, marking the "first-ever industry-wide AI licensing deals" for publisher members.

The National Music Publishers' Association used its annual meeting to unveil deals with Udio and Klay, even as the major trade org says its being vigilant about "bad actor" AI…