Sacem (France’s Society of Authors, Composers and Publishers of Music) and GEMA (Germany’s Society of Authors, Composers and Publishers of Music), have joined forces to commission the world’s first study of the impact generative artificial intelligence is having on the music and creative sector.

The study, conducted by Goldmedia provides an in-depth analysis of the opportunities and challenges associated with the use of AI in the music business. It is based on a market analysis, interviews with experts, and a survey of over 15,000 creators and publishers who are members of Sacem or GEMA.

The initiative marks a necessary milestone to face the rapid evolution of the technology and respond to the pressing need for Franco-German creators and publishers to understand the implications of AI. Since it burst onto the scene at the end of 2022, generative AI has seen spectacular growth. Goldmedia’s analysis predicts that the market for generative AI in music will reach more than $3 billion by 2028.

Press release, 30. January 2024: "Sacem and GEMA unveil results of study on the impact of artificial intelligence in music"

More information, fotos and video: www.gema.de