Spotify and Universal Music strike deal allowing fan-made AI covers and remixes

Licensing agreement will allow listeners to use AI to create content on streaming platform for first time Spotify and Universal Music Group have agreed on a deal that will allow subscribers to generate song covers and remixes using artificial intelligence. The licensing agreement is the first time the Swedish streaming company will allow listeners to use AI to create content through its platform. Continue reading...

Spotify and Universal Music Group (UMG) announced a licensing deal that will allow users to prompt the creation of AI-generated remixes and covers for streaming songs. The tool will be a paid add-on for Premium subscribers. Artists will be able to opt out of the program, but those who do participate will collect royalties on these AI remixes. In October of last year, Spotify announced that it was working with UMG, as well as other major labels, Sony Music Group, Warner Music Group, Merlin, and Believe, to create "responsible AI products." At the time, it was unclear exactly what that meant. But this appears to be the first product of that p … Read the full story at The Verge.

Studio by Spotify Labs is a new standalone AI app that generates a daily briefing, podcasts, and playlists on your PC using chatbot prompts. The AI-generated content draws from your Spotify listening history, as well as info from apps you connect to it, like your email inbox, calendar, and notes. Spotify says its AI can also "take action on your behalf," such as "researching topics, using a web browser, organizing information, and helping complete tasks." Any content you generate in Studio, like a daily briefing podcast, can be saved to your Spotify library. It will be launching "in the coming weeks" as a research preview for users 18 and … Read the full story at The Verge.

Spotify is releasing new audiobook plans later this year

Spotify will let you generate daily or weekly briefs based on your prompts

Spotify is releasing the new desktop app as a research preview in more than 20 markets

The post Chart of the Day: Drake’s ‘Iceman’ Becomes a Live Polymarket Volatility Event appeared on BitcoinEthereumNews.com. Drake’s ninth studio album Iceman dropped at midnight ET on May 15, and within hours the most informative place to watch the market digest it wasn’t Spotify’s trending tab or Billboard’s pre-print — it was Polymarket. The crypto-collateralized prediction market platform is currently hosting 11 active Iceman markets and 139 active Drake markets, with cumulative volume north of $24 million. Two of those charts tell the story of release week with unusual clarity. Drake Iceman sales, Source: Polymarket  Pricing first-week sales in real time The first-week sales market, which buckets equivalent units in 50,000-unit increments and resolves after Hits Daily Double publishes debut figures, swung wildly across the release window. The market-implied first-week number climbed from around 500,000 in early May to a peak near 548,000 in the run-up to launch, crashed to roughly

The post The videos stored on Bitcoin’s blockchain forever appeared on BitcoinEthereumNews.com. Bitcoin was built to move money, not host home videos. Yet for more than a decade, developers, artists, and trolls have smuggled animated images and video clips into on-chain transaction data.  Tens of thousands of archival nodes around the world download them, validate them, and store them or their ownership certificates on hard drives indefinitely. Some of it’s art. Most of it’s just silly. The methods range from elegant to absurd. Some formats wrap a file inside a single transaction’s witness data or stamp pixels into transaction outputs. Other methods slice files into bizarre private keys. A few stash content in Counterparty servers or other pointer-type certificates of ownership. No matter the methodology, one unifying feature is permanence. Once miners confirm a video clip or its metadata within a block, no one can scrub it out. Below is one example per format type. Each video paid a B