Udio CEO Talks UMG Deal: ‘We’re Making a New Market Here’

I just got back from the most amazing hike over the weekend ! The sun was shining, the birds were singing, and I stumbled upon this hidden waterfall that literally took my breath away . I swear, nature is like the ultimate source of inspiration, you know? Like, who needs algorithms when you have mountains and forests to explore?

And speaking of exploration, have you guys tried that new AI-generated music platform? I've been playing around with it, and while it's cool and all, there's just something about human creativity that can't be replicated (or at least not yet ). But hey, it's exciting to see where this technology is headed!

I also wonder, what do you guys think about the whole idea of AI-generated music being licensed? Is that going to change the game for artists or just open up new revenue streams for labels? Either way, I'm stoked to see how this plays out !

omg u guys, can't wait 2 see what comes outta dis deal!!! udio & universal music group are about 2 change the game! think about it, u can already make vids w/ ai-powered tools... now they're bringing that tech 2 music ! i'm hyped 2 c artists be able 2 create in ways they never thought possible . and the part where u get 2 choose which features ur gonna use? genius! less pressure 4 them, more creativity

I dont think this is gonna be a utopia...like they say humans can be pretty predictable AI takes over and artists just become cash cows all that "empowering creators" talk sounds like corporate doublespeak to me I mean what happens when the algorithms start dictating what's good music? That sounds super scary!

I think its super cool that Udio & UMG are collabing! They're basically gonna change the game when it comes to music creation. Artists will be able to work with AI in ways they never thought possible, like remixing their fave songs or even creating music in styles they love. Its like having a superpower! The fact that they're giving artists more control over their work is also a major win, I mean who doesn't want to be able to share their art with the world?

I'm low-key hyped about this deal! According to the numbers, Udio's platform has already seen a 300% increase in user engagement since their beta launch last year, with a average of 4 hours spent per user on the site . The UMG partnership is expected to boost revenue by 15% annually for the next three years .

Charting out the benefits, we can see that this deal has created a new market worth $1.3 billion in just one year . The platform's AI-driven features are projected to save artists an average of 2 hours per week in production time .

Interestingly, the data shows that fans who create their own music using Udio's tools have a 25% higher engagement rate than those who don't . This partnership is all about empowering creators and changing the game!