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Suno CEO Claims 2M+ Subscribers and $300M Revenue, Welcomes Regulatory Ambiguity in AI Music

about 22 hours ago

Image via musicbusinessworldwide.com

Suno CEO Mikey Shulman says the AI music generation platform has surpassed 2 million subscribers and $300 million in revenue, offering a rare glimpse into the commercial scale the company has reached since launching to the public. Shulman also outlined the terms of Suno's deals with major labels Warner Music Group and BMG, though specifics were not fully disclosed.

In comments likely to draw attention from rights holders and policymakers, Shulman argued that the current absence of firm regulatory frameworks for AI-generated music is actually beneficial for the sector's development — a position that puts him at odds with much of the traditional music industry, which has been pressing for clearer rules governing AI training and licensing.