By Jem Aswad
Plus IconJem Aswad
Executive Editor, Music
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Antony Jones/Getty Images Spotify and Universal Music Group have announced a major recorded-music and music-publishing licensing agreements that will enable Spotify to launch a new tool allowing fans to create covers and remixes of their favorite songs from participating artists and songwriters.
The tool will be powered by generative AI technology that the announcement states “will open up additional revenue streams and new ways to drive discovery.”
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