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Universal Music Group
Read original source (EN)https://www.universalmusic.com/universal-music-group-and-udio-announce-udios-first-strategic-agreements-for-new-licensed-ai-music-creation-platform/
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First three paragraphs: settlement and licensing agreement
A party announcement; full contracts and specific financial terms were not obtained.
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Events citing this source
UMG and Udio announce settlement and licensing partnership
UMG and Udio announce resolution of their copyright litigation and plans to jointly develop a licensed music service.
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ANTI-AI ARCHIVE. “UMG and Udio announce strategic agreements.” src-0047. Include this page’s URL and your access date when citing.