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.

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…

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…

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