Spotify Inks Direct Licensing Deal With Kobalt, Following Similar Pacts With UMPG and WCM

Spotify Inks Direct Licensing Deal With Kobalt, Following Similar Pacts With UMPG and WCM

Spotify's new direct licensing deal with Kobalt could boost songwriter royalties, following similar agreements with Universal Music and Warner Music.

Spotify Secures Direct Licensing Deal With Kobalt

This partnership is a step in the right direction, and we look forward to continuing to work with Spotify to increase the value of songwriter royalties," Kobalt CEO Laurent Hubert said.

Kobalt strikes US direct licensing deal with Spotify

Kobalt has entered into a direct licensing deal with Spotify in the US, following the lead of the Universal and Warner music publishing companies. It means all three music publishers are now paid the mechanical royalties they are due on US-streamed tracks on Spotify at their directly contracted rates rather than at the rate set by the compulsory licence that covers mechanical rights in the US. The new direct deals follow the controversy sparked …

Kobalt joins UMPG and Warner Chappell with direct Spotify deal

Amid the ongoing arguments about Spotify’s ‘bundling’ strategy in the US and its impact on publishers, something else has been happening: the streaming service’s move towards direct licensing deals with big publishers. This began with Universal Music Publishing Group in January, then Warner Chappell in February – both as part of renewals with their parent groups. Now Kobalt has joined […] The post is from Music Ally.

Spotify signs a direct licensing deal with rights group Kobalt to provide “greater flexibility, efficiency, value, and protections to songwriters in the US”

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Kobalt inks direct licensing deal with Spotify in the US

The agreement marks Spotify's latest direct deal with a prominent music publisher and moves its agreement with Kobalt beyond the traditional CRB model in the US Source