Universal Music Group och Spotify har annonserat ett partnerskap för att utveckla ett AI-verktyg som gör det möjligt för fans att skapa covers och remixar av låtar från medverkande artister.
Den betalda tilläggstjänsten för Spotify Premium-prenumeranter kommer att låta användare skapa varianter av låtar från artister som väljer att delta. Intäkter från verktyget kommer enligt företagen att delas med dessa artister och låtskrivare. Något lanseringsdatum har ännu inte fastställts.
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Spotify announced a partnership with Universal Music Group to offer AI-powered remixing and cover song tools as a paid add-on for Premium subscribers. The streaming service also introduced a reserved ticketing feature for dedicated fans in partnership with Live Nation.
Spotify and Universal Music Group have signed a licensing agreement that will let Premium subscribers create AI covers and remixes of UMG tracks. The deal was announced on May 21 during Spotify’s Investor Day. It marks a shift after Spotify’s earlier efforts to limit AI-generated content on the platform.
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The American Federation of Musicians has filed a lawsuit against Universal Music Group and Warner Music Group, alleging breaches of their collective bargaining agreement related to artificial intelligence licensing deals.
Spotify has introduced a new tool called Spotify 20: Your Party of the Year(s) that lets users review their entire listening history on the platform.
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Universal Music Group announced the board-approved sale of half its equity stake in Spotify, with a portion of proceeds going to artists. The move fulfills a 2018 pledge and ties back to Taylor Swift's contract negotiations. Lucian Grainge revealed the decision during the company's first-quarter earnings call on April 29.