Believe Signs Licensing Agreement for Spotify's AI Remixing Tool

• Believe signed a licensing agreement with Spotify for its AI remixing tool.
• The agreement allows fans to create remixes and covers of songs from participating artists.
• Spotify first announced the AI remixing tool in May at its Investor Day Conference.
• The deal covers Believe's digital distribution division, TuneCore.
• This agreement follows similar deals with Universal Music Group, Merlin, and other music companies.