KLAY, a relatively new player in the music industry, has just announced a trio of major licensing deals with Universal Music Group (UMG), Sony Music, and Warner Music Group (WMG). The agreements cover both recorded music and publishing rights, marking an exciting step forward for the company.
According to sources close to the deal, KLAY is set to launch as a subscription-based interactive streaming service where users can manipulate music. In 2024, the company made its first licensing announcement with UMG under the moniker "KLayMM," which aimed to help humans create new music with the aid of AI.
KLAY was founded by musician Ary Attie and former Sony Music executive Thomas Hesse, who is now KLAY's chief content and commercial officer. The company boasts a high-profile advisory board, including Björn Winckler, former leader of Google DeepMind's music initiatives, and Brian Whitman, former principal scientist at Spotify.
Attie stated that "Technology is shaped by the people behind it and the people who use it" and emphasized the importance of earning the trust of artists and songwriters. KLAY aims to reimagine how music can be shared, enjoyed, and valued, while helping create new value for creatives.
The licensing deals were welcomed by UMG's Michael Nash, Sony Music's Dennis Kooker, and Warner Music Group's Carletta Higginson, who praised the companies' commitment to ethics in Generative AI music. These agreements signal a significant partnership between KLAY and the industry heavyweights, as they work together to shape the future of music creation and consumption.
With these deals in place, KLAY is poised to shake up the music landscape with its innovative platform, which promises to unlock new possibilities for artists, fans, and the music industry as a whole.
According to sources close to the deal, KLAY is set to launch as a subscription-based interactive streaming service where users can manipulate music. In 2024, the company made its first licensing announcement with UMG under the moniker "KLayMM," which aimed to help humans create new music with the aid of AI.
KLAY was founded by musician Ary Attie and former Sony Music executive Thomas Hesse, who is now KLAY's chief content and commercial officer. The company boasts a high-profile advisory board, including Björn Winckler, former leader of Google DeepMind's music initiatives, and Brian Whitman, former principal scientist at Spotify.
Attie stated that "Technology is shaped by the people behind it and the people who use it" and emphasized the importance of earning the trust of artists and songwriters. KLAY aims to reimagine how music can be shared, enjoyed, and valued, while helping create new value for creatives.
The licensing deals were welcomed by UMG's Michael Nash, Sony Music's Dennis Kooker, and Warner Music Group's Carletta Higginson, who praised the companies' commitment to ethics in Generative AI music. These agreements signal a significant partnership between KLAY and the industry heavyweights, as they work together to shape the future of music creation and consumption.
With these deals in place, KLAY is poised to shake up the music landscape with its innovative platform, which promises to unlock new possibilities for artists, fans, and the music industry as a whole.