CISAC report reveals AI-generated music will have a market value of €14 billion by 2028, resulting in annual losses of €4 billion for creators. Click here to jump to the following: The financial impact Rights and revenue: the underlying problem Potential solutions Urgent action is needed Generative AI is reshaping the music industry, but at what cost? A recent report from the International Confederation of Societies of Authors and Composers (CISAC) projects that by 2028, music creators could lose up to €4 billion annually due to the growth of AI-generated music. This represents nearly 24% of creators’ revenues. At the…