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Spotify and Warner Music Forge Multi-Year Licensing Deal

The agreement introduces direct licensing for Warner Chappell Music and promises expanded content bundles and subscription tiers.

  • Spotify and Warner Music Group (WMG) have signed a new multi-year agreement covering recorded music and music publishing rights.
  • The deal includes a direct licensing model for Warner Chappell Music in several countries, including the U.S., enhancing benefits for songwriters.
  • Both companies aim to deliver new fan experiences, including expanded paid subscription tiers, differentiated content bundles, and a deeper music and video catalog.
  • The agreement builds on Spotify's recent deal with Universal Music Group and aligns with 'artist-centric' royalty models that prioritize artist engagement.
  • The announcement coincided with Warner Music's mixed earnings report, showing a 4.7% revenue decline but a 25% increase in net income due to currency gains and investments.
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