New AI Tool Helps Artists Navigate Music Contracts
Grammy-winning audio engineer, producer, DJ, and record executive Daddy Kev—real name Kevin Moo—has launched a new AI tool to help artists navigate music contracts.
Unveiled via X, formerly Twitter, earlier this week, musiclawyer.ai is a free-to-use website where users can upload image scans or paste text from recording and royalty contracts that are then “flawlessly” extracted and analyzed for mistakes or inconsistencies.
The website uses two different AI models to complete the analysis: ChatGPT and Gemini. Moo explained on X that while longer contracts of 20 pages or more “might max out” the ChatGPT model, Gemini is better suited for high word counts.
musiclawyer.ai, which “is still very much in BETA form,” according to Moo, currently supports documents written in English, Japanese, Spanish, Simplified Chinese, and French.
Speaking to Resident Advisor, Moo said the site will soon be able to draft simple contracts like split sheets and co-production agreements, as well as analyze royalty audit statements from label to distributor.
The Alpha Pup Records boss wrote that he ran a recent DistroKid statement through the tool as a trial run, “and it found 30+ issues from missing ISRCs to missing country data, blank fields, etc.”
“In most royalty audit situations, the sole data source is the statement from the label of distributor, which is often flawed,” Moo wrote on X.
Giving extra attention to this process, Moo has also launched a second app, Spotstats, which allows artists to run a separate audit on their Spotify for Artists data, estimating daily, monthly and yearly streaming revenues, without the use of AI, according to Resident Advisor.
“For legal purposes,” Moo clarified that musiclawyer.ai “is not a substitute for the advice of an attorney,” Rather, “it’s a tool for clarification and insight.”
“Consult a lawyer if you want assurance that the AI analysis provided and your interpretation of it is suitable for your needs,” Moo wrote on X.
Check out musiclawyer.ai here.
Without further adieu, please meet https://t.co/oOagWu1OIe https://t.co/IwlhtG3Vdp
— Daddy Kev (@daddykev) June 3, 2024
Featured image credit: Edrina Martinez.
The post New AI Tool Helps Artists Navigate Music Contracts appeared first on EDM Maniac.
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