Spotify partners with Universal Music Group for paid AI remix and cover generation tool
By
Terrence O’Brien
FeedBagel synthesis
· 2 sourcesSpotify and Universal Music Group have signed a licensing deal enabling Premium subscribers to create AI-generated remixes and covers of streaming songs as a paid add-on, The Verge reported. Artists can opt out of the program, while participating artists will earn royalties from the AI remixes. Rolling Stone noted the deal reflects a broader strategy by major record labels to embrace and monetize AI-generated music rather than fight it, by offering controlled versions of the technology to generate additional royalties from their catalogs.
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Summary
Spotify and Universal Music Group have signed a licensing deal enabling Premium subscribers to create AI-generated remixes and covers of streaming songs as a paid add-on. Artists can opt out of the program, while participating artists will earn royalties from the AI remixes. This follows Spotify's October 2023 announcement about developing "responsible AI products" in collaboration with major labels including UMG, Sony Music Group, Warner Music Group, Merlin, and Believe.
Key quotes
· 4 pulledSpotify and Universal Music Group (UMG) just announced a licensing deal that will allow users to prompt the creation of AI-generated remixes and covers for streaming songs.
The tool will be a paid add-on for Premium subscribers.
Artists will be able to opt out of the program, but those who do participate will collect royalties on these AI remixes.
In October of last year, Spotify announced that it was working with UMG, as well as other major labels, Sony Music Group, Warner Music Group, Merlin, and Believe, to create 'responsible AI products.'
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