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Courtesy of Spotify/Believe Spotify has struck a content licensing deal with the France-based independent music company Believe ahead of its forthcoming AI-powered remixing tool, an agreement that also covers Believe’s digital distribution division TuneCore.
The deal is the latest in Spotify’s stable of agreements with music companies for the tool, following agreements with Universal Music Group, Merlin and Kobalt. The platform envisions the tool as a paid add-on to Spotify Premium, letting fans remix or cover songs by their favorite artists on a platform the company controls while creating an additional revenue stream for musicians and companies. The service — still unnamed, with no release date — is meant to combat the swarm of unauthorized AI-generated adaptations of songs that have littered social media platforms.
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