Warner Music up on Udio copyright lawsuit settlement, new platform launch
19/11/2025 19:02
** Shares of music entertainment firm Warner Music Group WMG.O up 2.7% at $30.60
** WMG and AI company Udio settle copyright infringement case, set to launch a new platform for AI song creation jointly
** Companies plan to roll out platform in 2026 that will be trained on and offer output based on licensed and authorized recordings
** Another major music label, Universal Music Group UMG.AS, settled its copyright dispute with Udio last month
** Up to last close, stock had fallen ~3% this year
(Reporting by Arnav Mishra in Bengaluru)
((Arnav.Mishra@thomsonreuters.com))