Spotify and Universal Music partner for AI song covers
Spotify has struck a deal with Universal Music Group to allow Premium subscribers to create AI-generated covers of songs. The tool will be a paid add-on, generating new revenue for participating artists and songwriters. This partnership marks a significant step in integrating AI into mainstream music consumption while addressing licensing and compensation.
Key facts
- Spotify and Universal Music Group have reached a deal.
- The tool will let fans make AI covers of songs.
- It will be a paid add-on for Spotify Premium users.
- Participating artists and songwriters will receive revenue.
- The deal focuses on AI-generated music covers.
- It creates a new revenue stream for rights holders.
Entities
Institutions
- Spotify
- Universal Music Group
Sources
- Quartz —