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Spotify brings Merlin into its AI remix and covers project

Spotify said its licensing partner Merlin has joined Universal Music Group on the company's upcoming AI covers-and-remixes product, bringing more than 30,000 independent labels into a catalog that lets fans create AI remixes and covers with artists' consent.

Spotify tops 300 million subscribers for the first time

Spotify said Tuesday it has surpassed 300 million subscribers for the first time, reaching 777 million monthly active users in the second quarter, as quarterly revenue rose 14% year over year to €4.8 billion ($5.52 billion).