Warner Music and Spotify sign new multi-year deal - Breaking The News
Download our appPlay StoreApp Store

Warner Music and Spotify sign new multi-year deal

EPA-EFE/FILIP SINGER

Warner Music Group and Spotify announced on Thursday a multi-year agreement to expand music streaming and enhance artist revenues.

The deal covers recorded music and publishing and introduces a direct licensing model for Warner Chappell Music in several new markets, including the US. The partnership focuses on creating new fan experiences, expanding the music and video catalog, and introducing additional paid subscription tiers.

"For Spotify, 2025 is a year of accelerated execution, and our partners at Warner Music Group share our commitment to rapid innovation and sustained investment in our leading music offerings," Daniel Ek, Spotify's Founder and CEO, said.

Related Stocks
Technology
Warner Music GR.
Related News
House Republican: Ukraine mineral deal will be signed in short order
United States House Republican Brian Fitzpatrick said he had a "lengthy and productive" conversation with Andriy Yermak, head of Ukraine's presidential office, about the minerals deal between their respective countries. "We are 100% getting this train back on the tracks," Fitzpatrick assured in a post on X. "This mineral deal will be signed in short order, which will lead to a strong long-term economic partnership between the United States and Ukraine, and...
Warner Music's Q1 revenue dropped 5% to $1.7 billion
Warner Music Group reported on Thursday that its revenue for the first quarter of fiscal 20-25 dropped 5% to $1.67 billion, primarily due to declines in recorded music revenue.Despite the revenue dip, net income surged 25% to $241 million, reflecting cost efficiencies and strong catalog performance. Diluted earnings per share were $0.45 for the Class A and Class B shareholders.CEO Robert Kyncl highlighted increased investments in artist development...
Spotify monthly active users reach 675M in Q4, up 12%
Swedish Spotify Technology S.A. announced its fourth-quarter results on Tuesday, revealing that the number of its monthly active users (MAU) in the last quarter of fiscal 2024 came in at 675 million, jumping 12% on an annual level.In the reported trimester, year on year, number of premium subscribers advanced 11% to 263 million, while total revenue jumped 16% to €4.24 billion. The company's gross margin reached 32.2% to reach an all-time...
AWS, General Catalyst partner to drive AI in health care
Amazon Web Services (AWS) and venture capital firm General Catalyst announced on Monday they have launched a multi-year collaboration aimed at advancing artificial intelligence in health care. The partnership will focus on creating AI-driven solutions for predictive and personalized care, operational efficiency, diagnostics, and patient engagement.General Catalyst will rely on AWS as its preferred cloud provider, benefiting from its range of services and...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.