Billboard The Deals: SourceAudio/Symphonic

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In this week’s Billboard Deals Column, Billboard included the announcement from SourceAudio and Symphonic, signing a deal that will allow Symphonic artists and labels to opt into SourceAudio’s AI music dataset licensing marketplace.

Sync platform SourceAudio, which specializes in licensing music for AI training, signed a deal with Symphonic that will allow Symphonic artists and labels to opt into SourceAudio’s AI music dataset licensing marketplace. Artists who opt in will be able to make incremental revenue from songs of theirs that are used to train approved third-party AI models and tools, including ElevenLabs, Music AI, Native Instruments and Serato. At the time of the Symphonic partnership, SourceAudio’s marketplace included more than 14 million opted-in songs from more than 3,000 music catalogs.

Participation is entirely optional for Symphonic artists, who retain full ownership of their rights if they choose to opt in.