Market & Regulation
Spotify to Launch AI-Generated Music Remixes
The Verge AIhigh confidence
Why it matters
- →This initiative could redefine how fans interact with music by allowing personalized remixes.
- →It ensures artists are compensated for AI-generated content, addressing potential ethical concerns.
- →The collaboration with major labels highlights a significant industry shift towards integrating AI in music.
Spotify and Universal Music Group have announced a licensing agreement enabling AI-generated remixes and covers for streaming songs. This feature will be available as a paid add-on for Spotify Premium subscribers. Artists can opt out, but those who participate will earn royalties from these AI creations. This development is part of Spotify's broader initiative with major labels to create responsible AI products, focusing on artist consent and compensation. The launch date and additional costs for this service have not yet been revealed.
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