Spotify and Universal license AI covers for subscribers (opens in new tab)

Spotify and Universal Music Group have signed licensing agreements that will give Spotify Premium subscribers the option to pay for an AI tool to create covers and remixes of songs from participating UMG artists and songwriters, the companies announced May 21. The feature will be Spotify’s first tool allowing users to create AI-generated content inside the platform, with participating artists and songwriters receiving a share of revenue from the resulting works. The companies did not disclose...