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Universal Music Group and BandLab Technologies announced an expansive strategic partnership concentrating on the ethical application of AI in music. The alliance unites the world’s largest music company with Singapore’s leading social music creation platform. BandLab boasts 60 million users engaging through AI-enhanced tools. This formidable union aims to responsibly advance AI, protecting artists while unlocking new possibilities.

Spotify’s monthly active users (MAUs) surged 27% to 551 million, up 36 million, and subscribers grew 17% to 220 million, up 10 million. The increase comes as Spotify followed its competitors to raise subscription prices in 50 countries.