$WMG

Warner Music Group and Sony Music sued AI company Anthropic, alleging it pirated thousands of songs to train its models. The lawsuit, filed in California, seeks up to $150,000 per infringed work and $25,000 per copyright removal. Anthropic, valued at $2 trillion, previously settled a similar lawsuit for $1.5 billion. The music groups also referenced a 2024 class-action lawsuit against Anthropic by authors.

Suno and ElevenLabs announced new AI music models with licensed content from major labels. Suno's v6 models, trained on Warner Music Group, BMG, and Believe's catalogs, offer improved features. Universal Music Group partnered with ElevenLabs for a fan platform. Legal battles and artist concerns persist amid rapid AI adoption in music.

Paramount Skydance faces legal issues as California AG's statements contradict prior arguments against its $1.88B bond request. The bond aims to address risks from the Warner Bros. Discovery merger, which authorities seek to block. The DOJ is also expanding its antitrust probe into Fox's $22B acquisition of Roku, announced at $160 per share. Additionally, AI music ventures like Suno's partnership with Warner Music and BMG are gaining traction, despite industry criticism and regulatory scrutiny.

Warner Music Group Corp. (WMG) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously disclosed, effective July 31, 2026, Warner Music Group Corp. (the “Company”) appointed Louis Dickler as the

Sony Music Publishing and Warner Chappell are suing Anthropic, its CEO, and co-founder for allegedly using copyrighted songs like 'Uptown Funk' to train AI model Claude. They claim illegal downloading and scraping occurred, seeking up to $150,000 per song in damages. Anthropic disputes the claims and plans to defend itself in court.

AI music platform Suno has gained traction, with songs appearing on Billboard charts and partnerships with major labels. The company faces lawsuits from Sony and Universal over alleged copyright infringement, while Warner Music Group has partnered with Suno. Suno claims over 100 million users, with 2 million paying for advanced features. The music industry is divided over AI's role, with some embracing it as a creative tool and others viewing it as a threat.

News Corp (NWSA) reported Q2 revenue of $2.34B, up 10.8% YoY, beating estimates. Scholastic (SCHL) reported $476.1M, down 6.3% YoY, missing estimates. Warner Music Group (WMG) reported $1.86B, up 10.4% YoY, beating estimates. The New York Times (NYT) reported $762.5M, up 11.2% YoY, beating estimates. NWSA +5.7%, SCHL -17.3%, WMG +8.5%, NYT -10.9% since reporting.

Sony Music Publishing and Warner Chappell Music sued Anthropic, alleging the AI company stole tens of thousands of copyrighted songs to train its chatbot, Claude. The publishers seek up to $150,000 per infringed work, potentially totaling billions. Anthropic faces similar lawsuits from other publishers and previously settled for $1.5 billion. The company is reportedly valued at $2 trillion ahead of an IPO.

Sony Music and Warner Chappell Music sued AI company Anthropic, alleging unauthorized use of song lyrics and sheet music for training models. The lawsuit, filed in California, names Anthropic, CEO Dario Amodei, and co-founder Benjamin Mann as defendants. The labels claim thousands of songs, including works by Mariah Carey and Taylor Swift, were used without permission, seeking up to $150,000 in damages per song. Anthropic disputes the claims and plans to defend itself in court.

Sony Music and Warner Music sued Anthropic, alleging the AI company illegally used tens of thousands of copyrighted musical works to train its models. The publishers seek damages potentially totaling hundreds of thousands per infringed work, citing a complex music copyright system. Anthropic denies the claims and plans to defend in court.