Yet there’s another aspect of the New Mountain deal that is already drawing significant attention: it will see Alphabet Inc., the parent company of Google and YouTube, acquire a minority stake in BMI via its independent growth fund, CapitalG.

The fact this news emerged just two days before MBW uncovered Google’s recent submission to the US Copyright Office – in which the Big G argues that the ingestion of copyrighted music into generative AI platforms is “fair use” – tells its own story.

Read the post on Music Business Worldwide