Representative Image
The streaming company is targeting an early 2027 launch for a service that would let paying subscribers create remixes and covers of existing songs, according to the Financial Times. It is weighing an additional monthly fee of $4 to $5, though it has not finalised either the pricing or the launch date. The company announced the product in May.
Spotify is aiming for a first-quarter launch, potentially around February’s Grammy Awards, according to people familiar with the plans cited by the FT. In August, co-chief executive Gustav Söderström told investors it would launch when ready. Spotify is considering an extra charge for AI remixes.
Spotify and Universal have been meeting individual artists to persuade them to make their music available, the report said. Securing participation from major contemporary stars has proved harder than winning support from some established older performers, according to one person familiar with the discussions. Universal artist Olivia Rodrigo opposed using AI in her music during an interview with the Hollywood Reporter.