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.

This major agreement delivers new benefits for artists, songwriters and fans, while unlocking further collaboration that expands the music ecosystem."

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 and Universal Music Group (UMG) have announced a multi-year licensing agreement that covers both recorded music and

Universal Music Group and Spotify announced this week they’ve reached an agreement for a multi-year deal that improves payment structure.

Spotify and Warner Music Group (WMG) have unveiled a new multi-year agreement that covers both recorded music and music publishing.

Spotify (SPOT) has signed a new recording and publishing agreement with Warner Music Group (WMG). This multiyear agreement grants it a license

Warner Music Group and Spotify have signed a new multi-year licensing deal. And before you ask… yes, sources have confirmed that it supersedes the ‘bundling’ payment structure that last year saw Spotify dramatically cut the rate of mechanical royalties being paid to publishers and songwriters in the US.

Spotify and Warner Music Group, which owns labels behind artists such as Ed Sheeran and Dua Lipa, signed a new multi-year deal for recording and publishing music, the companies said on Thursday. Under the deal,