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 - Welcome05:40 - Using AI soundscapes for wellness11:36 - AI-generated music and its impact on the industry20:57 - AI-generated music and royalties30:05 - Universal and Warner embracing functional music 35:08 - How are royalty deals structured with collaborations?41:30 - AI as a tool in music creation46:18 - Does AI-generated music deserve royalties?53:40 - The new frontier of AI-generated musicSubscribe to The New Music Business: https://aristake.com/new-music-business-podcast/Ari's Take Academy: https://aristakeacademy.comWatch more discussions like this: https://bit.ly/3LavMpaConnect with Ari’s Take:Website: https://aristake.comInstagram: https://www.instagram.com/aristake_TikTok: https://www.tiktok.com/@aris.takeX: https://twitter.com/ArisTakeThreads: https://www.threads.net/@aristake_YouTube: https://www.youtube.com/user/aristake1Connect with Ari Herstand:Website: https://ariherstand.comInstagram: https://instagram.com/ariherstandX: https://twitter.com/ariherstandYouTube: https://youtube.com/ariherstandConnect with Oleg Stavitsky:Website: https://endel.io/X: https://twitter.com/stvtsk?lang=enLinkedIn: https://www.linkedin.com/in/oleg-stavitsky-a6159775/Edited and mixed by Mikey EvansMusic by Brassroots DistrictProduced by the team at Ari’s Take Hosted on Acast. See acast.com/privacy for more information.