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 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.
More to follow…