Spotify Technology SA News - May 2026
Spotify Surges, Unveiling Universal AI Music Deal and Ambitious 2030 Targets
Spotify shares surged following its Investor Day announcement of a partnership with Universal Music Group for AI-generated music. The agreement allows...
Spotify partners with UMG for AI remixes, sending shares up 16%
Spotify and Universal Music Group (UMG) signed licensing deals for AI-generated covers and remixes. Premium users will access the tool through a paid add-on....