Warner Music Group CEO Robert Kyncl on AI, streaming power, and why music royalties are the safest asset on Wall Street

Note: Liz joined Semafor media editor Max Tani on this week's episode of Mixed Signals from Semafor Media. You can listen to more Mixed Signals here. Warner Music Group CEO Robert Kyncl joins Mixed Signals to explain what a record label actually does in a world where anyone can upload a song to Spotify. Max and Liz ask Robert why Warner struck a deal with AI music company Suno while Sony and Universal are still suing it, how he thinks about the nuclear-weapons-style leverage labels hold over streaming platforms, and why he thinks Netflix is leaving a massive opportunity on the table by ignoring music.