{"id":809730,"date":"2025-02-06T07:09:30","date_gmt":"2025-02-06T12:09:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation\/"},"modified":"2025-02-06T07:09:30","modified_gmt":"2025-02-06T12:09:30","slug":"warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation\/","title":{"rendered":"WARNER MUSIC GROUP AND SPOTIFY ANNOUNCE NEW MULTI-YEAR AGREEMENT TO FUEL GROWTH AND INNOVATION"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Feb. 6, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Spotify and <u><a href=\"https:\/\/www.wmg.com\/\" target=\"_blank\" rel=\"nofollow\">Warner Music Group<\/a><\/u> (NASDAQ: WMG) today announced a new, multi-year agreement, which covers both Recorded Music and Music Publishing. Through the deal, the two companies strengthen their joint commitment to artists, songwriters, and fans, as well as the growth of the music ecosystem through innovative collaboration.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1686132\/WMG_Black_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1686132\/WMG_Black_Logo.jpg\" title=\"WMG logo (PRNewsfoto\/Warner Music Group Corp.)\" alt=\"WMG logo (PRNewsfoto\/Warner Music Group Corp.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>WMG and Spotify will work together to shape the future of audio-visual streaming and enhance the value of music. The new deal will help deliver new fan experiences, a deeper music and video catalog, further paid subscription tiers, and differentiated content bundles. The agreement also builds on the companies&#8217; existing alignment around &#8216;artist centric&#8217; royalty models that reward and protect the power of artists to attract and engage audiences. Importantly, the new publishing agreement introduces a direct licensing model with <span class=\"xn-person\">Warner Chappell Music<\/span> in several additional countries including the U.S., reinforcing songwriters&#8217; benefit in this evolving landscape.<\/p>\n<p>\n        <span class=\"xn-person\">Robert Kyncl<\/span>, CEO, WMG, said: &#8220;This major agreement delivers new benefits for artists, songwriters, and fans, while unlocking further collaboration that expands the music ecosystem. It&#8217;s a big step forward in our vision for greater alignment between rights holders and streaming services. Together with Spotify, we look forward to increasing the value of music, as we drive growth, impact, and innovation.&#8221;<\/p>\n<p>\n        <span class=\"xn-person\">Daniel Ek<\/span>, Spotify&#8217;s Founder and CEO, said: &#8220;For Spotify, 2025 is a year of accelerated execution, and our partners at Warner Music Group share our commitment to rapid innovation and sustained investment in our leading music offerings. Together, we&#8217;re pushing the boundaries of what&#8217;s possible for audiences worldwide\u2014making paid music subscriptions more appealing while supporting artists and songwriters alike.&#8221;<\/p>\n<p>\n        <b>About Warner Music Group<\/b>\n      <\/p>\n<p>Warner Music Group (WMG) brings together artists, songwriters, entrepreneurs, and technology that are moving entertainment culture across the globe. Operating in more than 70 countries through a network of affiliates and licensees, WMG&#8217;s Recorded Music division includes renowned labels such as <span class=\"xn-money\">10K<\/span> Projects, 300 Entertainment, Asylum, Atlantic, Big Beat, EastWest, Elektra, Erato, First Night, Fueled By Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin&#8217;, <span class=\"xn-person\">Warner Records<\/span>, Warner Classics, and Warner Music Nashville. WMG&#8217;s music publishing arm, <span class=\"xn-person\">Warner Chappell Music<\/span>, has a catalog of over one million copyrights spanning every musical genre, from the standards of the Great American Songbook to the biggest hits of the 21st century. Warner Music Group is also home to ADA, which supports the independent community, as well as artist services division WMX. Follow WMG on <u><a href=\"https:\/\/www.instagram.com\/warnermusic\/?hl=en\" target=\"_blank\" rel=\"nofollow\">Instagram<\/a><\/u>, <u><a href=\"https:\/\/twitter.com\/warnermusic?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\" target=\"_blank\" rel=\"nofollow\">X<\/a><\/u>, <u><a href=\"https:\/\/www.tiktok.com\/@warnermusic?lang=en\" target=\"_blank\" rel=\"nofollow\">TikTok<\/a><\/u>, <u><a href=\"https:\/\/www.linkedin.com\/company\/warner-music-group\/mycompany\/verification\/\" target=\"_blank\" rel=\"nofollow\">LinkedIn<\/a><\/u>, and <u><a href=\"https:\/\/www.facebook.com\/warnermusicgroup\/\" target=\"_blank\" rel=\"nofollow\">Facebook<\/a><\/u>.<\/p>\n<p>\n        <b>About Spotify\u00a0<\/b>\n      <\/p>\n<p>Since its launch in 2008, Spotify has revolutionised music listening. Our move into podcasting brought innovation and a new generation of listeners to the medium. In 2022, we took the next leap, entering the fast-growing audiobook market\u2014continuing to shape the future of audio.<\/p>\n<p>Today, more listeners than ever can discover, manage and enjoy\u00a0over 100 million tracks, 6.5 million podcast titles, and 350,000 audiobooks a la carte on Spotify. We are the world&#8217;s most popular audio streaming subscription service with more than 640 million users, including 252 million subscribers in more than 180 markets.<\/p>\n<p>\n        <b>Press Contacts:<\/b>\n      <\/p>\n<p>\n        <b>For Warner Music Group: <\/b><br \/>\n        <span class=\"xn-person\">James Steven<\/span><br \/>\n        <u><br \/>\n          <a href=\"mailto:james.steven@wmg.com\" target=\"_blank\" rel=\"nofollow\">james.steven@wmg.com<\/a><br \/>\n        <\/u>\n      <\/p>\n<p>\n        <b>For Spotify: <\/b><br \/>\n        <span class=\"xn-person\">Chris Macowski<\/span><br \/>\n        <u><br \/>\n          <a href=\"mailto:cmacowski@spotify.com\" target=\"_blank\" rel=\"nofollow\">cmacowski@spotify.com<\/a><br \/>\n        <\/u>\u00a0\u00a0<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY13450&amp;sd=2025-02-06\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation-302370056.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation-302370056.html<\/a><\/p>\n<p>SOURCE  Warner Music Group Corp.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY13450&amp;Transmission_Id=202502060700PR_NEWS_USPR_____NY13450&amp;DateId=20250206\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , Feb. 6, 2025 \/PRNewswire\/ &#8212; Spotify and Warner Music Group (NASDAQ: WMG) today announced a new, multi-year agreement, which covers both Recorded Music and Music Publishing. Through the deal, the two companies strengthen their joint commitment to artists, songwriters, and fans, as well as the growth of the music ecosystem through innovative collaboration. WMG and Spotify will work together to shape the future of audio-visual streaming and enhance the value of music. The new deal will help deliver new fan experiences, a deeper music and video catalog, further paid subscription tiers, and differentiated content bundles. The agreement also builds on the companies&#8217; existing alignment around &#8216;artist centric&#8217; royalty models that reward and protect the power &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;WARNER MUSIC GROUP AND SPOTIFY ANNOUNCE NEW MULTI-YEAR AGREEMENT TO FUEL GROWTH AND INNOVATION&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-809730","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WARNER MUSIC GROUP AND SPOTIFY ANNOUNCE NEW MULTI-YEAR AGREEMENT TO FUEL GROWTH AND INNOVATION - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WARNER MUSIC GROUP AND SPOTIFY ANNOUNCE NEW MULTI-YEAR AGREEMENT TO FUEL GROWTH AND INNOVATION - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , Feb. 6, 2025 \/PRNewswire\/ &#8212; Spotify and Warner Music Group (NASDAQ: WMG) today announced a new, multi-year agreement, which covers both Recorded Music and Music Publishing. Through the deal, the two companies strengthen their joint commitment to artists, songwriters, and fans, as well as the growth of the music ecosystem through innovative collaboration. WMG and Spotify will work together to shape the future of audio-visual streaming and enhance the value of music. The new deal will help deliver new fan experiences, a deeper music and video catalog, further paid subscription tiers, and differentiated content bundles. The agreement also builds on the companies&#8217; existing alignment around &#8216;artist centric&#8217; royalty models that reward and protect the power &hellip; Continue reading &quot;WARNER MUSIC GROUP AND SPOTIFY ANNOUNCE NEW MULTI-YEAR AGREEMENT TO FUEL GROWTH AND INNOVATION&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-06T12:09:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1686132\/WMG_Black_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"WARNER MUSIC GROUP AND SPOTIFY ANNOUNCE NEW MULTI-YEAR AGREEMENT TO FUEL GROWTH AND INNOVATION\",\"datePublished\":\"2025-02-06T12:09:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation\\\/\"},\"wordCount\":551,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1686132\\\/WMG_Black_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/warner-music-group-and-spotify-announce-new-multi-year-agreement-to-fuel-growth-and-innovation\\\/\",\"name\":\"WARNER MUSIC GROUP AND SPOTIFY ANNOUNCE NEW MULTI-YEAR AGREEMENT TO FUEL GROWTH AND INNOVATION - 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Through the deal, the two companies strengthen their joint commitment to artists, songwriters, and fans, as well as the growth of the music ecosystem through innovative collaboration. WMG and Spotify will work together to shape the future of audio-visual streaming and enhance the value of music. The new deal will help deliver new fan experiences, a deeper music and video catalog, further paid subscription tiers, and differentiated content bundles. 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