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AI News from ET - AI music boom may hit artist royalties, warns Fitch Ratings

Vishwadeep Khatri
in AI News & Two Lenses

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Fitch Ratings warns that the rise of AI-generated music could diminish demand for artist-created content and impact royalty-backed music intellectual property (IP) asset-backed securities (ABS). Streaming platforms are implementing tighter controls to protect copyright holders and ensure fair compensation for human artists, though some providers may leverage AI for cost savings and royalty capture.

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