During its Q2 earnings call, Spotify teased an upcoming AI product for fan-made music covers and remixes, announcing that independent label partner Merlin has joined Universal Music Group in the initiative.
Recordings developed with generative AI must meet specific criteria, including substantial human input, proper authorization of AI services, compliance with copyright and personality rights, and consumer disclosure, to be eligible for inclusion in official music charts.
Universal Music Group rejects $64.3bn takeover offer from Bill Ackman's Pershing Square, citing undervaluation and confidence in current strategy under CEO Sir Lucian Grainge.
Spotify, Universal Music Group ile yaptığı anlaşmayla kullanıcıların yapay zeka destekli şarkı cover ve remixleri oluşturmasına olanak tanıyacak. Şirket ayrıca konser bileti ön satışı ve kişiselleştirilmiş podcast gibi yeni özelliklerle 2030'a kadar büyüme hedefliyor.
Spotify ve Universal Music Group, kullanıcıların yapay zeka ile cover ve remix yapabileceği ücretli bir abonelik özelliği geliştiriyor. Sanatçılar, eserlerinin kullanımına izin verirse telif hakkı alacak.
Spotify announced a new AI-powered tool allowing Premium users to create legal covers and remixes of songs from Universal Music Group artists. The feature ensures artists and songwriters receive direct compensation from these AI-generated creations, creating a new revenue stream and fostering music discovery.
Spotify and Universal Music Group have partnered to allow Premium users to create AI-generated remixes and covers of participating artists' songs, ensuring consent, credit, and compensation for artists.
Spotify announced a partnership with Universal Music Group (UMG) to allow Premium subscribers to create AI-generated song covers and remixes. The tool will offer revenue sharing with artists, addressing legal concerns faced by other AI music platforms.
Spotify and Universal Music Group have inked a deal allowing subscribers to create AI-powered song covers and remixes. This paid add-on aims to generate new revenue for artists and songwriters while addressing AI concerns in the music industry.
