Technology
Nasdaq futures tumble as Amazon, Intel results deepen AI spending woes
By Maya Patel
Spotify targets 2027 launch for AI remix service, FT reports
Mark Gilliam
Mark Gilliam
Senior Reporter · West Fargo, ND
Mark Gilliam brings a decade of experience in business reporting to Fargo Current, previously writing for the Grand Forks Herald. He holds a degree in Business Administration from the University of North Dakota and specializes in local economic trends and business development.
More from Mark →Senior Reporter · Friday, October 30, 2026 at 5:45 AM · 1 min read
Oct 30 (Reuters) Spotify aims to launch an AI-powered music remix service in the first quarter of 2027, targeting a potential unveiling around the Grammy Awards in February, the Financial Times reported on Friday, citing people familiar with the plans. The Swedish audio-streaming giant is considering charging subscribers an additional $4 to $5 a month for the service, according to the FT report.Spotify did not immediately respond to a Reuters request for comment. Here are a few more details: • The service would let paying subscribers use AI to create their own versions of songs, such as transforming a folk song into a dance track or making one artist appear to cover another s music, the FT report said • Under Spotify s plan, royalties from fan-created remixes would flow back to original artists, and plays would count towards the original songs in Spotify s charts, the newspaper said • Spotify has struck licensing deals with Universal Music Group, independent label grou
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