Spotify strikes deal with Universal Music to let premium users create AI covers, remixes - BNN Bloomberg
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0.251 · RIGHT
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Article Excerpt
Spotify has struck a deal with Universal Music Group to let subscriber to create AI generated covers and remixes of songs, marking the first time the audio-streaming giant will allow users to produce AI content using its platform. Shares of the company rose around 16 per cent. Latest updates on company news here The companies did not disclose the financial terms of the deal or which artists will participate in the new feature in their joint announcement on Thursday. Universal Music is home to artists including Taylor Swift, Ariana Grande, Drake and Billie Eilish. The move puts Spotify in more …
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Jun 2, 2026