Spotify and Universal Music strike deal allowing fan-made AI covers and remixes | TechCrunch
Briefly

Spotify and Universal Music strike deal allowing fan-made AI covers and remixes | TechCrunch
Spotify partnered with Universal Music Group to enable fans to create generative AI covers and remixes of songs. The feature will launch as a paid add-on for Spotify Premium subscribers. The tool will be based on participating artists’ work and will include a revenue share for AI-generated music. Spotify did not provide pricing or a launch date, only that a licensing agreement was reached. Spotify previously outlined plans to develop artist-first AI products with major labels and other music partners. Spotify emphasized upfront agreements, consent, credit, and fair compensation for artists and songwriters. UMG leadership described the development as a way to deepen fan relationships and create additional revenue opportunities.
"Spotify on Thursday announced it has partnered with Universal Music Group (UMG) to allow fans to use generative AI technology to create covers and remixes of their favorite songs. The tool will launch as a paid add-on available only to Spotify's Premium subscribers and will offer a revenue share with participating artists for the AI-generated music based on their work."
"The company did not share pricing or a launch date for the new tool, only that the two companies had come to a licensing agreement. However, Spotify had teased its plans last year, noting that it was working with Universal Music Group, Sony Music Group, Warner Music Group, Merlin, and Believe to develop artist-first AI products."
"The AI tools would be created through "upfront agreements, not by asking for forgiveness later," Spotify said at the time, an obvious swipe at other players in the space, like Suno. Among the principles Spotify outlined: artists and rightsholders should be able to choose if and how they participate in AI tools, and if they do, they should be fairly compensated."
""Solving hard problems for music is what Spotify does, and fan-made covers and remixes are next. What we're building is grounded in consent, credit, and compensation for the artists and songwriters that take part," said Spotify co-CEO Alex Norström, in a statement about the UMG agreement. "Through each technological transformation, we have worked together with Sir Lucian [Chairman & CEO, Universal Music Group] and his team to evolve the music ecosystem into a richer, more beneficial experience for fans and a more rewarding outcome for artists and songwriters.""
Read at TechCrunch
Unable to calculate read time
[
|
]