HearCurrently, AI Music Company announced its acquisition on Thursday in a legal battle with music labels VatolA browser -based AI digital audio work station (DAW). The purpose of this acquisition is to improve Snow’s editing skills for singers and producers.
Watol, which was launched in 2023, offers many tools to musicians, such as STEM separation, AI audio generation, and AI music assistant. Will integrate the Sunu Watol technology into your new Editing interfaceWho started this month.
The terms of the agreement have not been disclosed. A company spokesperson noted that the “most” of the Watol employees moved to Sno products and engineering teams, though the exact number of people who did not take the move were not revealed.
Acquisition comes to another of the heels Legal fodder Country composer Tony Justice and his music label, 5th wheel records, filed a lawsuit against the company earlier this month, alleging that Snow used a copyright sound recording to train its AI music generator.
The allegation is similar to that of the Universal Music Group, Warner Music Group, and Copyright violations last year by cases filed by Sony Music Entertainment. According to Bloomberg, a licensing conversation with the major music label Snow is in talks.
Snow received Watol a few months ago, a browser -based DAW offline in November. This week’s announcement seems deliberately, possibly aimed at diminishing the attention. Legal disputes often shake investors’ confidence, so the announcement of this acquisition is a way to convince them that the company is committed to development.
AI Startup is safe Million 125 million In funding in this past.