Spotify has made a bunch of new announcements. They’ve partnered with Live Nation:
Spotify said that starting in the U.S. this summer, select artists will be able to use Reserved to set aside tickets for fans on the platform. The platform has partnered with Live Nation on the program as part of a multiyear agreement. The platform will use streams, shares and other types of activity to “identify an artist’s most dedicated fans and hold two tour tickets for them.”
And they have a new agreement with UMG to let users create AI covers and remixes:
[W]ill enable Spotify to launch a new tool allowing fans to create covers and remixes of their favorite songs from participating artists and songwriters.
The tool will be powered by generative AI technology that the announcement states “will open up additional revenue streams and new ways to drive discovery.”