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VisitPublic Backlash Affects Sony Music Stock Price by 2024 End?
Yes • 50%
No • 50%
Stock market data and financial news analysis
Sony Music Warns 700+ AI Firms and Streamers Against Unauthorized Use of Content on May 16, 2024
May 16, 2024, 03:58 PM
On May 16, 2024, Sony Music issued a strong warning to over 700 AI companies, developers, and music streaming platforms against the unauthorized use of its content for training artificial intelligence models. The company asserts that using its music, lyrics, art, videos, and related content without explicit permission constitutes copyright infringement. Sony Music has sent letters to these entities, expressing its willingness to discuss licensing agreements but emphasizing the need for prior authorization. They stated they have 'reason to believe' that their content has been used without permission. This move underscores Sony's commitment to protecting its intellectual property and ensuring that its artists' works are not exploited without proper consent.
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AI Development Companies • 33%
Music Streaming Platforms • 33%
Both Equally • 34%
Stock price increase • 25%
Stock price decrease • 25%
Stock price remains stable • 25%
Increased investor scrutiny • 25%
Yes • 50%
No • 50%
Stock price increases • 25%
Stock price decreases • 25%
Stock price remains stable • 25%
Stock is delisted or suspended • 25%
Public opposition to demands • 25%
Compliance without public statements • 25%
Ceasing use of Sony content • 25%
Negotiation for more favorable terms • 25%
Mixed media (multiple types) • 25%
Artwork only • 25%
Music only • 25%
Videos only • 25%