AI music generator Suno hits 2M paid subscribers and $300M in annual recurring revenue | TechCrunch
Briefly

AI music generator Suno hits 2M paid subscribers and $300M in annual recurring revenue | TechCrunch
"Suno lets users create music using natural language prompts, making it possible for people with little experience to generate audio with little effort. This has sparked concern from musicians and record labels, who have sued Suno for copyright infringement, since its AI model was likely trained on existing recorded music."
"Suno has generated synthetic music that sounds real enough to top charts on Spotify and Billboard. Telisha Jones, a 31-year-old in Mississippi, used Suno to turn her poetry into the viral R&B song 'How Was I Supposed to Know' and signed a record deal with Hallwood Media in a deal reportedly worth $3 million."
"Warner Music Group recently settled its lawsuit and instead reached a deal that allows Suno to launch models that use licensed music from its catalog."
Suno, an AI music generator, has achieved significant commercial success with 2 million paid subscribers and $300 million in annual recurring revenue, representing substantial growth from $200 million three months prior. The platform enables users to create music through natural language prompts, democratizing music production for non-professionals. This rapid expansion has generated controversy, with musicians and record labels filing copyright infringement lawsuits due to the AI model's training on existing recorded music. Warner Music Group settled its lawsuit and established a licensing agreement allowing Suno to use its catalog. Despite legal challenges and opposition from prominent artists including Billie Eilish and Katy Perry, Suno-generated music has achieved mainstream success, with some tracks charting on Spotify and Billboard, and users securing record deals.
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