ElevenLabs introduced ElevenMusic, an AI-powered music discovery and creation platform built on its fully licensed music model. Users can remix discovered tracks by changing genre or tempo, or start from lyrics, melodies, and moods to create full songs. The launch emphasizes artist collaboration, fan participation, publishing, and monetization, with over 4,000 independent and emerging artists already involved.
Spotify has reached a landmark licensing agreement with one of the world's largest record labels, Universal Music Group (UMG). Under the agreement, Spotify…