Universal Music Group signs multi-year AI licensing deal with ElevenLabs
Universal Music Group and ElevenLabs unveiled a multi-year licensing agreement and broader partnership to build a new AI-powered music platform, separate from ElevenLabs' existing ElevenMusic tool. The unreleased platform will let fans create remixes, mashups, new track interpretations and personalized vocal experiences using catalog from participating UMG artists, who will be compensated under the deal.