Spotify's Deal With Universal Music Group Could Lead to Others -- Market Talk

Dow Jones
05/23

1251 ET - Spotify's licensing agreement with Universal Music Group for AI-powered remixes might not be the last of its kind, according to Morgan Stanley in a note. "We believe it is likely that this functionality broadens out over time to include additional labels/content owners and that these other rights holders will sign similar agreements," the analysts say. Warner Music Group, in particular, might be next, analysts say. The company has signed a deal with AI-creation platform Suno, which signals that it might be open to partnering with Spotify for AI remixing, the analysts say. (chris.kuo@wsj.com)

(END) Dow Jones Newswires

May 22, 2026 12:52 ET (16:52 GMT)

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