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Financial Times · Meta ·

Last week, the service unveiled a new capability in which premium users will be allowed to create their own

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Spotify says it is trying to offer a ‘controlled’ alternative to AI music, one in which artists can make money from use of their work. Photograph:.

The feature comes as a part of a deal with Universal Music Group that sent Spotify’s shares up 16% last week.

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Summary

Spotify’s chief executive has defended the company’s move into AI-generated music, claiming it offers users and creators a better alternative to piracy and unregulated AI slop. Last week, the platform announced a new feature in which premium users will be allowed to create their own, AI-generated remixes and song covers using music from participating artists. Alex Norström, CEO of Spotify, told the Financial Times the streamer was trying to offer a “controlled” alternative, in which musicians can consent to use of their work and make money from it, as opposed to having it pirated. Spotify’s feature will cost extra money, and allow “one song to become 10,000”, said Norström.

Read full article at The Guardian Technology →

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