Both companies have acknowledged the need for ethical use of AI in music creation, ensuring fair compensation for artists while addressing concerns from creators.

The acquisition reflects a strategic move to integrate high-quality, royalty-free samples and advanced technology to enhance music production.

Splice has rapidly grown since its founding in 2013, boasting over 10 million users and generating more than $100 million in annual revenue.

Founded in 2007, Spitfire Audio is known for its high-end sampled virtual instruments, favored by film and television composers.

Olivier Robert-Murphy, CEO of Spitfire Audio, noted that the partnership will introduce Spitfire's sounds to a broader audience, from amateur producers to professional composers.

New features leveraging artificial intelligence are expected to be released later in 2025, focusing on integrating Spitfire's tools into Splice's workflow.

Post-acquisition, Splice and Spitfire Audio will operate independently, with Spitfire maintaining its brand identity and product experience.

The executives from both companies aim to inspire a new generation of creators by combining their strengths in sound and technology.

This partnership seeks to tap into a rapidly growing music creation market projected to reach $14 billion by 2031, nearly doubling in size.

The collaboration aims to develop a comprehensive toolkit for modern music makers, combining traditional sound libraries with innovative AI technology.

Splice, a music creation start-up, has acquired the UK orchestral sound studio Spitfire Audio for approximately $50 million, aiming to enhance its AI music-making capabilities.

Kakul Srivastava, CEO of Splice, emphasized a commitment to enhancing the creative experience without replacing human creativity through their technology.