Last Thursday (February 6), Spotify announced their multi-year agreement with Warner Music Group. The agreement covers both recorded music and music publishing.
According to Spotify and WMG, they will work together “to shape the future of audio-visual streaming and enhance the value of music,” dealing with new fan experiences, and a deeper music and video catalog.
While there is no confirmed price hike, the new agreement between Warner Music Group and Spotify mentions that there will be further paid subscription tiers and “differentiated content bundles.”
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It also strengthens the companies’ commitment to an “artist-centric” royalty model, ensuring artists and songwriters receive fair compensation. A direct licensing model with Warner Chappell Music will now be available in more countries, including the U.S.
WMG CEO Robert Kyncl called the agreement a major step in aligning rights holders and streaming platforms, fostering growth and innovation. Spotify CEO Daniel Ek emphasized their shared vision for rapid innovation in 2025, aiming to push the boundaries of music streaming.
