Universal Music Group and ElevenLabs have entered into a multi-year licensing agreement and strategic partnership. This marks the first collaboration between ElevenLabs and a major record label.
The companies are developing an AI-powered music creation platform that utilizes licensed content and artist participation. The platform aims to offer fans new ways to interact with music, including remixes, mashups, and personalized voice experiences.
The project is currently under development. Both parties intend to expand the platform with additional features and fan-focused experiences in the future.
The partnership focuses on responsible AI development to enhance artist-fan engagement and create new revenue streams for the creative community.
