Paris-based music company Believe has struck a global licensing agreement with AI music platform Suno. The deal adds Believe to the growing list of music companies formalizing arrangements with the generative AI service.
Terms of the agreement were not disclosed. The move follows a broader industry trend of rights holders negotiating directly with AI music platforms rather than pursuing litigation, as some labels have done with Suno in the past.
Read the full story at Music Business Worldwide.