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Universal and Amazon Music Strike Deal to Collaborate on Streaming 2.0, Audiobooks and AI Protection
Universal and Amazon Music have announced a deal to collaborate on 'Streaming 2.0,' audiobooks, AI protection and more.
On that note, the announcement states that UMG and Amazon Music will collaborate “to explore new and enhanced product opportunities designed to benefit artists and enrich the experience of their fans.” UMG will also collaborate with Amazon Music as it continues to expand in audio, including audiobooks, audio and visual programming, and its investment in livestreamed content. UMG chairman-CEO Lucian Grainge said, “We are very excited to advance our long-standing, excellent partnership with Amazon Music that marks a new era in streaming—Streaming 2.0. We appreciate Amazon Music’s deep commitment to the interests of our artists, and look forward to progressing our shared artist-centric objectives through product innovation and accelerating growth of their service.”
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