Spotify is ending its year-long dispute with Warner Music. The world’s largest music streaming service said on Tuesday that it has inked a global licensing agreement with Warner Music Group’s Warner Chappell for music rights.
The announcement today marks the end of their litigation before the Bombay High Court, which prevented Spotify from offering tens of thousands of music titles in many regions, including India, where it launched its service at incredibly low-price early last year.
A Warner Chappell spokesperson said the new deal “appropriately values our songwriters’ music and expands our licensed partnership with Spotify to include India.” A Spotify spokesperson said the music streaming business was “pleased” with the outcome.
“In less than a year, millions of Indian listeners have joined Spotify, listening to their favorite artists and songwriters from across the globe. We’re pleased with this agreement, and together with Warner Chappell Music, we look forward to helping songwriters and artists connect with more fans, and for more fans to enjoy and be inspired by their music,” a Spotify spokesperson said.
Warner Music had sued Spotify days before the music streaming service launched in India, one of the world’s biggest entertainment markets. Warner Music Group had asked an Indian court to block Spotify from offering songs by its roster of songwriters, including Katy Perry, in the country. Spotify had argued that it was using an Indian rule that permits radio stations to offer songs from Chappell Music.
More to follow…