Key Points of the News 👇

1. SAG-AFTRA has reached a tentative agreement with major record labels on a new sound recordings deal, covering the period from January 1, 2021, to December 31, 2026.

2. The agreement includes Warner Music Group, Sony Music Entertainment, Universal Music Group, and Disney Music Group, pending ratification by SAG-AFTRA members.

3. It establishes safeguards for ethical treatment in the use of artificial intelligence technology, requiring clear consent for the use of an artist’s voice in AI-generated content and outlining minimum compensation levels.

4. SAG-AFTRA represents a diverse range of entertainment and media professionals, totaling about 160,000 members across the US.

5. The updated agreement introduces collective bargaining guardrails to protect singers and recording artists from unethical exploitation through AI technology.

6. In addition to AI protections, the agreement offers increased minimum payments, improved health and retirement benefits, and a higher percentage of streaming revenue directed towards artist contributions.

7. Both SAG-AFTRA and the Record Label Negotiating Committee express commitment to safeguarding artists' rights and fostering a collaborative environment in the evolving music industry landscape.

8. The agreement reflects growing recognition of the need to address concerns surrounding AI technology's impact on music production and artists' rights.

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