SPOTIFY PLANS $5 PER MONTH AI REMIX SERVICE Spotify is targeting a Q1 2027 launch for a new AI feature that lets Premium subscribers create covers and remixes of existing songs, potentially unveiling it around February's Grammy Awards. Users could turn a folk song into a dance track or create a version that sounds like another artist performing it. Spotify has secured licensing deals with Universal Music, Merlin, Kobalt and Believe, while negotiations with Sony and Warner continue. Artists will be able to opt in individually, even if their labels have signed agreements. Royalties from fan-created remixes would flow back to the original artists, with Spotify also exploring ways to count those plays toward the original songs on its charts. The proposed $4-$5 monthly charge would be on top of Premium. Pricing and launch timing are not yet finalized. Source: FT