It also announced a landmark deal with Universal Music Group to create a new tool that allows fans to create covers and remixes.

Spotify Premium users will be able to generate AI covers and remixes of UMG songs under a new licensing deal. Financial terms were not disclosed.

Spotify, which is holding its first investor day in four years, is now under the direction of co-CEOs Gustav Söderström and Alex Norström.

Spotify and UMG striked a licensing deal that allows for AI covers and remixes on the streaming platform.

Spotify and Universal Music Group have announced licensing agreements allowing fans to create covers and remixes using 'responsible' generative AI.

Premium subscribers will be able to use AI to make covers and remixes of songs from participating artists on UMG's roster.

The tool will launch as a paid add-on for Spotify Premium users and create a new revenue stream for participating artists and songwriters

UMG is first to strike a licensing deal.

As Spotify users around the world await the return of their good old fashioned app icon, the company has a...

Plataforma pretende disponibilizar uma ferramenta de IA que gera podcasts personalizados e outra para assinantes criarem covers ou remixes gerados por IA de faixas de alguns dos…

The companies did not disclose the financial terms of the deal or which artists will participate in the new feature in their joint announcement on Thursday. Universal Music is…

Spotify and Universal Music Group announced a licensing deal allowing fans to create AI-generated covers and remixes, with revenue shared back to artists.

May 21 : Spotify on Thursday laid out an ambitious roadmap to drive growth and profitability through the end of the decade, doubling down with AI-powered features to boost user…

Spotify is partnering with Universal Music Group to let Premium subscribers create AI-generated song covers and remixes, with participating artists receiving a share of the…

Spotify and Universal Music Group say their new licensed AI remix platform will let fans create song covers and remixes.

Licensing agreement will allow listeners to use AI to create content on streaming platform for first time

It also announced a landmark deal with Universal Music Group to create a new tool that allows fans to create covers and remixes.

The company laid out its plans for hitting 1 billion users by 2030.

Spotify and Universal’s AI licensing deal turns fan-made covers and remixes into a paid Premium feature, raising questions about control and royalties.

Spotify and Universal Music Group unveiled a licensing deal letting Premium users create AI covers and remixes, with artists receiving direct compensation.

Spotify has struck a deal with Universal Music Group to let subscribers create AI-generated covers and remixes of songs