Korus: AI in Music Creation by Deadmau5

Royalties

Understanding how royalties work with AI-generated and AI-assisted music is crucial. Jaeden Schafer explains that when artists create cover music, they can obtain cover licensing and still receive most of the royalties. For instance, Ariana Grande might get 60-70% of the royalties, while the rest is distributed among songwriters and producers 1. Korus, a platform co-founded by Deadmau5, leverages AI to remix and monetize music using licensed stem files, ensuring that musicians are paid and retain ownership of new content 2.

This arrangement also involves users sharing royalties with original IP holders.

--- Jaeden Schafer

This innovative approach makes the entire process legal and artist-friendly.

   

New Revenue Streams

Exploring new ways artists can make money with AI, platforms like Korus introduce innovative models. Jaeden Schafer highlights how Deadmau5's Mousetrap DNA model allows fans to buy AI models and create new music, generating significant revenue. For example, the Mousetrap model made $18,000 in the first 24 hours, benefiting relatively unknown artists 3.

The original artists are getting paid, got paid out $18,000 in the first 24 hours.

--- Jaeden Schafer

This model provides a fun and lucrative way for artists to engage with their fans and monetize their work.