Digital Hollywood: The AI Summer Summit

There’s no way to slow down the explosion of AI created music. It’s here, it’s now and everyone, young and old have become AI Sound Engineers by the hundreds of thousands. So as the ocean of new music arrives, the idea of “AI Music & Monetization” has now become front and center. For example, Google’s DeepMind recently unveiled DreamTrack, an AI system allowing customizable music generation via text prompts. Their partnership with the music label EMI hints at future platforms streamlining rights-cleared AI music tailored to user taste. Such tools could enable independent musicians, creative agencies, and brands to license bespoke soundtracks on-demand. Along the same lines, the famous musician Grimes is exploring equally disruptive models, granting fans collective ownership in her AI-assisted compositions through NFTs and decentralization. It’s only the start, but with music AI software getting better and better, the market is ripe for legal monetization strategies to emerge.

Speakers:

• Anthony Ramirez, Partner, Technology Transactions Group, Morrison Foerster
• Alex Mitchell, CEO, Boomy
• Karen Allen, CEO & Co-Founder, Infinite Album
• Joanna Popper, Former Chief Metaverse Officer, CAA, Moderator