INSUBCONTINENT EXCLUSIVE:
Suno, the AI music company currently in a legal battle with music labels, announced on Thursday the acquisition of WavTool, a browser-based
AI digital audio workstation (DAW)
to musicians, such as stem separation, AI audio generation, and an AI music assistant
Country musician Tony Justice and his music label, 5th Wheel Records, filed a lawsuit against Suno earlier this month, alleging that Suno
Group, Warner Music Group, and Sony Music Entertainment against Suno for copyright infringement
According to Bloomberg, the major music labels are in licensing talks with Suno.Suno acquired WavTool a few months ago, with the
browser-based DAW going offline in November
Timing the announcement for this week seems intentional, possibly aimed at diverting attention from the lawsuit
Legal disputes often shake investor confidence, so the announcement of this acquisition may serve as a way to reassure them that the company
