Why Derek Cournoyer’s Move to ElevenLabs Shakes Up AI Music
Diana Reyes
Industry Correspondent
After a decade at Kobalt, Cournoyer’s jump to ElevenLabs signals a seismic shift in the AI music landscape—and labels are watching closely.
Why Derek Cournoyer’s Move to ElevenLabs Shakes Up AI Music
The Game Just Changed
If you’ve been paying attention to the AI music space, Derek Cournoyer’s name isn’t new. After a decade at Kobalt, where he navigated the publisher’s foray into AI and digital innovation, Cournoyer is now taking his expertise to ElevenLabs as their Head of Strategy, Music Business Affairs. This isn’t just another executive shuffle—it’s a move that could redefine how AI and music coexist.
The Backstory
Cournoyer’s career reads like a roadmap of the music industry’s digital transformation. From his early days at Kobalt, where he climbed the ranks to become SVP of Global Digital Business, to playing a key role in partnerships with giants like Meta, TikTok, and YouTube, he’s been at the forefront of marrying music with technology. His latest chapter at ElevenLabs is no accident. ElevenLabs, known for its AI-driven audio tools, is doubling down on music with its Eleven Music platform, which directly competes with Suno and Udio.
Why ElevenLabs?
ElevenLabs isn’t just another AI startup—it’s a $3.3 billion unicorn with big ambitions. The company’s Eleven Music Pro platform, trained on legally licensed catalogs from Kobalt and Merlin, aims to sidestep the legal landmines that have plagued competitors like Suno and Udio. Cournoyer’s appointment signals ElevenLabs’ intention to not only dominate the AI music space but to do so with the blessing of the music industry.
The Implications
- Industry Relations: Cournoyer’s role will be crucial in managing relationships with labels, publishers, and collection societies. Given ElevenLabs’ partnerships with Kobalt and Merlin, his deep industry connections will be invaluable.
- Artist-Centric Approach: One of Cournoyer’s core strengths is his understanding of artists’ needs—a rarity in the tech-dominated AI space. His involvement ensures that ElevenLabs’ platform remains pro-artist.
- Legal Precedent: ElevenLabs’ licensing deals with Kobalt and Merlin set a new standard for AI music platforms. The 50/50 revenue split between publishing and recorded music is a game-changer, ensuring fair compensation for all stakeholders.
The Bigger Picture
Cournoyer’s move comes at a pivotal moment for the music industry. As labels and publishers grapple with how to license generative AI, ElevenLabs is positioning itself as the responsible alternative. With a seasoned industry veteran like Cournoyer at the helm, the company is poised to lead the charge.
"Few people understand the intersection of music and AI better than Derek," said Alex Haskell, ElevenLabs’ General Counsel and Head of Global Affairs. "He’s been at the forefront of crafting frameworks for high-value, pro-artist partnerships."
The Road Ahead
Cournoyer’s new role isn’t just about strategy—it’s about shaping the future of music. With ElevenLabs’ ambitious plans and his industry clout, the next few years could see a seismic shift in how music is created, consumed, and compensated. One thing’s for sure: the labels are watching.
TL;DR: Derek Cournoyer’s move to ElevenLabs isn’t just a career move—it’s a strategic play that could reshape the AI music landscape.
AI-assisted, editorially reviewed. Source
Label Relations · Streaming Economics · Artist Development