Patents are often the bedrock of new innovation, and a suite of patents defining how AI-generated music can be created, licensed and monetized has hit the market — with multiple AI companies lined up to license them. Music IP Holdings, a company formed last year out of a strategic partnership with Universal Music Group and the intellectual property management firm Liquidax, has licensed a portfolio of more than 24 patents to the AI music platforms Udio and GRAI. The collection of patents covers a wide swath of elements associated with the rise of AI music, including moderation, watermarking, licensed distribution and monetization.
For Daniel Drolet, the CEO of MIH, the patents are designed to create “new opportunities for responsible innovation while giving artists, songwriters and rightsholders stronger protections and the ability to share in the value their work creates.” “The portfolio was developed to enable a standard that provides creators of all types the ability to generate, track and ensure new AI revenue streams while simultaneously providing strong options to manage unauthorized AI outputs,” Drolet said in a statement. These patents are what make that possible.” The patents aren’t limited to just music, MIH’s chief operating officer Paul Ketchel told Variety. Hopefully, our vision is this will help make a lot of these lawsuits and things that have had to be one-offs go away.”
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