Spotify announced a new AI product allowing fans to create covers and remixes of songs with artists' consent, ensuring credit and compensation. Partnering with Merlin and Universal Music Group, the tool will include over 30,000 labels and focus on real artists rather than fully AI-generated music. A research preview will be available to select users, and the product will launch as a paid add-on, creating new revenue for artists. Spotify aims to lead in legal, interactive AI music creation, differentiating from other AI music startups.
Spotify reported strong Q2 results with revenue of €4.78 billion, a 14% increase year-over-year, and net income of €545 million, reversing last year's €86 million loss. Premium subscribers grew 9% to 300 million, surpassing estimates, while monthly a...
Spotify has exceeded 300 million subscribers for the first time, with 777 million monthly active users in Q2, a 12% increase year-over-year. Despite raising subscription prices in several regions, its subscriber base grew 9% in the quarter. The compa...
The Great Canadian Treasure Hunt, organized by The Northern Miner and supported by EarthLabs Inc. and other sponsors, has announced the location of its next regional prize in Manitoba. Hunters can search for six one-ounce gold coins valued at nearly ...
