What will happen with record label lawsuits against Suno (AI music company) in 2024? Multiple options (not exclusive).
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Jan 1
41%
Suno will shut down or severely limit its music service.
70%
Suno will announce a deal or settlement with the record labels.
70%
Suno will raise more $$$ from venture capitalists (at least $20M more, after June 2024).
30%
Suno will announce a *new* model that does not train on copyrighted music.
34%
Suno will go scorched earth and challenge the record labels to come and get it.
8%
Suno will announce a crypto token.
30%
None of these will happen in 2024.

On June 24th 2024, major record labels (Sony, Universal, Warner) announced lawsuits against AI music startups Suno and Udio for copyright infringement.

https://deepnewz.com/ai/major-record-labels-sue-ai-firms-suno-udio-copyright-infringement


Major record labels Sony Music, Universal Music Group, and Warner Records have filed a landmark copyright infringement lawsuit against AI music generation companies Suno and Udio. The Recording Industry Association of America (RIAA) alleges that these companies have used thousands of unlicensed songs from some of the world's biggest artists to train their AI systems. The lawsuit accuses Suno and Udio of committing mass copyright infringement by using the labels' recordings without permission. The case, filed in a US court, marks a significant moment for AI in the music industry, following previous legal actions against AI companies for similar issues. Udio was notably used to create the viral song 'BBL Drizzy'.

What will happen (in 2024) with respect to this legal action?

Will Suno cease operations? Will it drastically change the product? Will it settle with the record labels...

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@Moscow25 I wish

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