Industry Sep 12, 2026

ElevenLabs and UMG Partner on AI Music Platform

ElevenLabs will launch an AI-powered music platform for fans under the deal, with the two companies also jointly developing AI audio products for artists and songwriters Source

Originally published by Music Business Worldwide

ElevenLabs, valued at $11 billion, has entered into a global agreement with Universal Music Group (UMG) to develop AI audio products for artists and songwriters. This partnership will also lead to the launch of a new AI-powered music platform for fans. Originally reported by Music Business Worldwide.