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Warner Music Announces New Deal With Spotify
Spotify signs Warner Music deal heralding new subscription tiers
The new multi-year agreement comes as Warner Music Group announced it had purchased a controlling stake in Tempo Music. The catalog company owns rights to songs by Wiz Khalifa, Florida Georgia Line, and Shane McAnally, with Billboard reporting the WMG acquisition deal to be worth “several hundred million dollars.”
Spotify, Warner Music Group Ink New Multi-Year Deal
Spotify and Warner Music Group struck a new multi-year licensing deal covering music and music publishing similar to a recent agreement with Universal Music.
Spotify, Warner Music Group sign new deal to help deliver ‘further paid subscription tiers’
Spotify and Warner Music Group (WMG) have unveiled a new multi-year agreement that covers both recorded music and music publishing.
10d
on MSN
New Spotify and UMG deal could create pricier ‘superfan’ subscription
UMG chairman and CEO Sir Lucian Grainge called the agreement “precisely the kind of partnership development” the company ...
Soap Central on MSN
9d
Spotify and UMG sign major deal for superfan tiers, but users are skeptical – "Can’t wait to see the price increases!"
Spotify and Universal Music Group (UMG) just slid into a major multi-year collab, and it’s about to shake up the music ...
3d
Spotify expected to report strong Q4 earnings as analysts look ahead to 'multiple catalysts on the horizon'
In the most recent quarter, Spotify said its gross margin increased to 31.1% from the prior year's 26.4%. Wall Street is ...
2d
on MSN
Spotify CEO Daniel Ek Calls 2024 “A Year We Really Showed What We Are Capable Of” As Q4 Sings, Stock Pops
Spotify shares are up 10% premarket on a strong fourth quarter that saw users and subscribers grow and the global music giant ...
2d
on MSN
Spotify is hitting all the right notes as its subscriber count grows by 11%
Spotify saw growth in subscribers and users in 2024, with total revenue up 16%. Spotify's investments in podcasts and video ...
MusicRadar on MSN
3d
Spotify wins major court case, over controversial 'bundling' that lowered artist payments
Spotify has just won in a US court case regarding claims that an attempt to add extra value to their customers was simply a ...
2d
Lucian Grainge Says UMG ‘Not a Financial Institution That Views Music as an ‘Asset” in New Year’s Staff Memo
New Year's staff memo was released. Read the letter, which discusses the company's efforts around AI, streaming and more.
6d
Spotify price target raised to $600 from $555 at KeyBanc
KeyBanc raised the firm’s price target on Spotify (SPOT) to $600 from $555 and keeps an Overweight rating on the shares. The firm expects ...
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