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Spotify, Universal Music Announce AI Music Licensing Deal

Spotify and Universal Music Group have announced a new licensing deal that will allow premium subscribers to create AI-generated covers and remixes using Universal's catalog. This agreement was highlighted during Spotify's investor day, where the company also unveiled new concert ticket perks.

21 May, 15:09 — 21 May, 17:52
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Sources

Showing 8 of 8 sources
bloombergHigh74d ago

Spotify Shares Surge on New Music Licensing Deal, Concert Ticket Perks - Bloomberg.com

Spotify Shares Surge on New Music Licensing Deal, Concert Ticket Perks  Bloomberg.com

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FTVery High74d ago

Spotify targets high-spending superfans with AI-generated music

Streamer and Universal Music Group strike licensing deal for a paid add-on tool within Spotify’s app

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varietyMostly Factual74d ago

Spotify and Universal Music Announce Licensing Agreements for Fan-Made Covers and Remixes, Using ‘Responsible’ Generative AI Technology

Spotify and Universal Music Group have announced a major recorded-music and music-publishing licensing agreements that will enable Spotify to launch a new tool allowing fans to create covers and remixes of their favorite songs from participating artists and songwriters.  The tool will be powered by generative AI technology that the announcement states “will open up […]

By Jem Aswad

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straits-timesMostly Factual74d ago

Spotify strikes deal with Universal Music to let premium users create AI covers, remixes - The Straits Times

Spotify strikes deal with Universal Music to let premium users create AI covers, remixes  The Straits Times

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hollywood-reporterMostly Factual74d ago

Spotify, Universal Music Unveil AI Cover Songs Feature

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

By Ethan Millman

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rolling-stoneMostly Factual74d ago

Spotify-Universal Deal Suggests Labels Think AI Music’s Future Is Letting You Play With Their Catalog

Universal Music Group and Spotify are teaming up to create an AI service that will let fans create "covers and remixes of their favorite songs"

By Brian Hiattt

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deadlineMostly Factual74d ago

Spotify Unveils “Reserved” Concert Tickets For Premium Subscribers, Sets Universal Music Deal For Fan-Made Covers & Remixes At Buzzy Investor Day; Stock Pops

Spotify is out with a handful of buzzy new initiatives including a new Reserved feature that sets aside a pair of concert tickets for artist’s biggest fans on the platform and a new AI tool with Universal Music Group allowing fans to create covers and remixes of their favorite songs from participating artists and songwriters. […]

By Jillg366

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billboardMostly Factual74d ago

Spotify Investor Day Highlights: UMG AI Deal, Audiobook Interest Surges

This is the company's first Investor Day under the new leadership of co-CEOs Gustav Söderström and Alex Norström.

By Elizabeth Dilts Marshall

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