Spotify and Universal Launch AI Remix Tool for Fan-Made Covers
Spotify and Universal Music Group say their new licensed AI remix platform will let fans create song covers and remixes while compensating participating artists and songwriters.
The Guardian AI·
Licensing agreement will allow listeners to use AI to create content on streaming platform for first time Spotify and Universal Music Group have agreed on a deal that will allow subscribers to generate song covers and remixes using artificial intelligence. The licensing agreement is the first time the Swedish streaming company will allow listeners to use AI to create content through its platform. Continue reading...
Read full articleSpotify and Universal Music Group say their new licensed AI remix platform will let fans create song covers and remixes while compensating participating artists and songwriters.
Spotify is partnering with Universal Music Group to let Premium subscribers create AI-generated song covers and remixes, with participating artists receiving a share of the revenue.
Spotify and Universal Music Group (UMG) 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." At the time, it was unclear exactly what that meant. But this appears to be the first product of that p … Read the full story at The Verge.
Studio by Spotify Labs is a new standalone AI app that generates a daily briefing, podcasts, and playlists on your PC using chatbot prompts. The AI-generated content draws from your Spotify listening history, as well as info from apps you connect to it, like your email inbox, calendar, and notes. Spotify says its AI can also "take action on your behalf," such as "researching topics, using a web browser, organizing information, and helping complete tasks." Any content you generate in Studio, like a daily briefing podcast, can be saved to your Spotify library. It will be launching "in the coming weeks" as a research preview for users 18 and … Read the full story at The Verge.
Spotify is releasing new audiobook plans later this year
Spotify will let you generate daily or weekly briefs based on your prompts
Spotify is releasing the new desktop app as a research preview in more than 20 markets
The post Chart of the Day: Drake’s ‘Iceman’ Becomes a Live Polymarket Volatility Event appeared on BitcoinEthereumNews.com. Drake’s ninth studio album Iceman dropped at midnight ET on May 15, and within hours the most informative place to watch the market digest it wasn’t Spotify’s trending tab or Billboard’s pre-print — it was Polymarket. The crypto-collateralized prediction market platform is currently hosting 11 active Iceman markets and 139 active Drake markets, with cumulative volume north of $24 million. Two of those charts tell the story of release week with unusual clarity. Drake Iceman sales, Source: Polymarket Pricing first-week sales in real time The first-week sales market, which buckets equivalent units in 50,000-unit increments and resolves after Hits Daily Double publishes debut figures, swung wildly across the release window. The market-implied first-week number climbed from around 500,000 in early May to a peak near 548,000 in the run-up to launch, crashed to roughly