Overview
- Spotify and Sony Music Group announced extended multiyear global agreements covering recorded music and publishing, with financial terms undisclosed.
- The publishing component adds a new direct U.S. licensing arrangement with Sony Music Publishing that the companies say lets songwriters share more directly in streaming growth.
- With Sony on board, Spotify has renewed deals with all three major music companies after earlier agreements with Universal and Warner, alongside direct pacts with Kobalt and other major publishers.
- The partners plan new product offerings such as enhanced audio and visual formats intended to deepen artist–fan engagement and open additional monetization paths.
- The move follows industry scrutiny over Spotify’s prior music–audiobooks bundling approach, including an MLC lawsuit that was dismissed earlier this year, keeping pressure on royalty transparency.