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VisitMarket share of AI-enhanced music by end of 2024
Increase • 33%
Stable • 34%
Decrease • 33%
Sales data from music industry
SAG-AFTRA Ratifies 2024 Sound Recordings Code with AI Protections, 26.3% Wage Hike
May 1, 2024, 04:22 PM
SAG-AFTRA members have ratified the 2024 Sound Recordings Code Contract, which includes significant provisions for AI protections and a 26.3% compounded wage increase. The contract, aimed at setting ethical standards for AI use in the industry, specifies that terms like 'artist,' 'singer,' and 'royalty artist' will exclusively refer to humans. This move is seen as a groundbreaking step in safeguarding the roles and earnings of human artists in the evolving digital landscape. The voting process, which emphasized the importance of these changes, concluded on April 30th by 5 PT.
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