Market Chatter: Spotify Targets Early 2027 Launch of AI Remix, Cover Service

04:26 AM EDT, 10/30/2026 (MT Newswires) -- Spotify (SPOT) is working toward an early 2027 rollout of an AI-powered service that would let listeners craft their own remixes and covers of songs as it negotiates licensing deals and tries to win over artists, the Financial Times reported Friday, citing unnamed people familiar with the plans. The company is considering an extra $4 to $5 per month on top of subscriptions, with a possible announcement around the Grammy Awards in February, though timing and pricing remain unsettled and subject to change, the Financial Times quoted the people as saying. Spotify has held meetings with individual artists to encourage them to make their music available for the service, and royalties from fan-created remixes would go back to the original artists, and each listen would count toward the original songs on Spotify's charts, the Financial Times reported. Spotify did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)