Music streaming platform Spotify announced a licensing deal with Universal Music Group last week which would allow subscribers to create AI-generated covers and remixes of songs from participating artists, who would then be compensated. The tool would be a paid extra to "create an additional source of income for artists and songwriters."
Now, Spotify co-chief executive Alex Norström has spoken to The Financial Times about the move, pitching these efforts as a better alternative to the AI slop currently oozing all over the internet. "There's a lot of rogue attempts at this," said Norström, describing his wish to make Spotify the "one that's legal" and "the one that's controlled."
