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 engagement and partnering with Universal Music, sending shares up 13 per cent.The Swedish audio-streaming giant unveiled a slate of n

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.

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

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…

Highlights from Spotify Investor's day: UMG AI deal, Audiobooks to generate $100 million in revenue, ticketing partnership with Live Nation and more.

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…

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

Spotify and Universal Music Group strike a deal letting Premium users create AI covers and remixes, while Spotify targets mid-teens revenue CAGR through 2030.

Spotify is embracing artificial intelligence to become a personalised audio platform. The company is developing AI playlists, conversational listening, and interactive audio…