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Spotify has partnered with Universal Music Group to introduce a new feature allowing premium subscribers to generate AI-powered covers and remixes of label tracks for an additional fee.
According to their official blog, Spotify announced that the new tool will launch as a paid add-on for Spotify Premium users and create an additional source of income for artists and songwriters, on top of what they already earn on Spotify.
Announcing the rollout on Thursday, the streaming platform confirmed that the tool will exclusively feature consenting talent, with both performing artists and songwriters receiving a cut of the newly generated revenue.
"For the first time, fans will be able to legally create covers and remixes from participating artists and songwriters' catalogs, with both the original artist and the songwriter sharing in the value created," said Charlie Hellman, Spotify's head of music, speaking at the company's investor day.
Until now, Spotify had banned AI-generated music derived from a specific artist's work without their express authorization, though it does allow AI music to be uploaded more broadly, including content associated with artists whose image and identity were generated using artificial intelligence.
The deal puts Spotify in direct competition with Suno and Udio, the two dominant AI music apps on the market, both of which have been posting strong growth.
Also announced at the investor day, Spotify said it would give paying subscribers early access to concert tickets for their favorite artists before they go on general sale.
The new service called "Reserved" is launching in the United States this summer before expanding to other markets.
Subscribers will be selected based on listening data, including how often they stream a given artist, the range of tracks they play from that artist's catalog and whether they have saved songs to their library.
They will have around 24 hours to purchase up to two tickets through a partner ticketing platform, the company said.
Spotify said the initiative would help route tickets to genuine fans rather than scalper bots, which have long frustrated both concertgoers and artists.
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