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Warner Music Group Renews Global Partnership With Spotify
August 24, 2017 at 1:04 PM (PT)
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WARNER MUSIC GROUP have renewed their global partnership with SPOTIFY, making the announcement on their INSTAGRAM page.
WMG Chief Digital Officer OLE OBERMANN commented, “It's taken us a while to get here, but it’s been worth it, as we've arrived at a balanced set of future-focused deal terms. Together with SPOTIFY, we've found inventive ways to reinforce the value of music, create additional benefits for artists, and excite their fans all over the world. Even with the current pace of growth, there’s still so much potential for music subscription to reach new audiences and territories."
SPOTIFY now has signed deals with all three major music companies, including SONY MUSIC and UNIVERSAL MUSIC GROUP.