Spotify, Universal Sign Global Licence Agreement
Spotify, the world’s largest music streaming company, and Universal Music Group said Tuesday they have signed a new multi-year global licence agreement. Under the deal, the terms of which were not disclosed, Spotify’s paying subscribers can have access to a new album by a Universal artist for a period of two weeks after its release, the two companies said in a joint statement. But “singles are available on Spotify for all listeners,” its chairman and CEO Daniel Ek said in the statement. Since it was founded in 2008, the online…
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