Is AI Music Taking Royalties From Musicians and Composers?

Oleg Stavitsky is co-founder and CEO of Endel, a sound wellness company that utilizes generative AI and science-backed research. 00:00 - Welcome 05:40 - Using AI soundscapes for wellness 11:36 - AI-generated music and its impact on the industry 20:57 - AI-generated music and royalties 30:05 - Universal and Warner embracing functional music 35:08 - How are royalty deals structured with collaborations? 41:30 - AI as a tool in music creation 46:18 - Does AI-generated music deserve royalties? 53:40 - The new frontier of AI-generated music Subscribe to The New Music Business: https://aristake.com/new-music-business-podcast/ Ari's Take Academy: https://aristakeacademy.com Watch more discussions like this: https://bit.ly/3LavMpa Connect with Ari’s Take: Website: https://aristake.com Instagram: https://www.instagram.com/aristake_ TikTok: https://www.tiktok.com/@aris.take X: https://twitter.com/ArisTake Threads: https://www.threads.net/@aristake_ YouTube: https://www.youtube.com/user/aristake1 Connect with Ari Herstand: Website: https://ariherstand.com Instagram: https://instagram.com/ariherstand X: https://twitter.com/ariherstand YouTube: https://youtube.com/ariherstand Connect with Oleg Stavitsky: Website: https://endel.io/ X: https://twitter.com/stvtsk?lang=en LinkedIn: https://www.linkedin.com/in/oleg-stavitsky-a6159775/ Edited and mixed by Mikey Evans Music by Brassroots District Produced by the team at Ari’s Take Hosted on Acast. See acast.com/privacy for more information.