New York, NY (Top40 Charts) Sony/ATV
Music Publishing and Spotify have today announced the signing of a new licensing deal for Europe.
This agreement continues the long relationship in
Europe between the world's leading music publishing company and the world's biggest music streaming service. The deal enables Spotify to continue to offer its users Sony/ATV's Anglo-American repertoire in all 30 territories making up the European Economic Area (EEA).
Martin Bandier, Sony/ATV Chairman and CEO, said: "We are thrilled to have renewed our European agreement with Spotify, the world's largest music subscription service. As streaming services continue to grow, Sony/ATV is delighted to be continuing our relationship with Spotify at this pivotal moment for the music industry. We share two important goals - growing the market for paid for music subscription services for the benefit of music lovers everywhere while delivering fair compensation to our songwriters for the use of their songs. We believe we have accomplished that with this agreement."
Ken Parks, Spotify's Chief Content Officer, said: "We are very pleased to announce our continued partnership with Sony/ATV, home of some of the greatest songwriters in the world. We look forward to continuing our work together to deliver great music to fans around the world and fair compensation to songwriters for their terrific work."
About Sony/ATV
Music Publishing
Sony/ATV
Music Publishing, established in 1995 as a joint venture between Sony and Michael Jackson, is the world's leading music publisher. Together with EMI
Music Publishing, Sony/ATV owns or administers around 3 million copyrights including those from such iconic music catalogs like Leiber & Stoller, Mijac Music, Motown and Famous Music. Sony/ATV also controls many of the best known songs ever written like "New York, New York," "Hallelujah," "All You Need Is Love," "You've Got a Friend," "Moon River," "Jailhouse Rock," "The Mission Impossible Theme," "Ain't No Mountain High Enough," "Over the Rainbow," "Stand By Me," "I Heard It Through the Grapevine" and "Singin' in the Rain." In addition, Sony/ATV represents the copyrights of such legendary artists as The Beatles, Leonard Cohen, Bob Dylan, Marvin Gaye, Michael Jackson, Carole King, Kraftwerk, Joni Mitchell, Willie Nelson, Roy Orbison, Queen, The Rolling Stones, Richie Sambora, Sting, The Supremes, Wyclef Jean, Hank Williams and Stevie Wonder, among others. Its ever-growing list of chart-topping artists, writers and producers includes Akon, Avicii, Calvin Harris,
Jessie J, Alicia Keys, Lady Gaga, P!nk, RedOne, Shakira, Ed Sheeran, Sam Smith, Stargate, Taylor Swift,
Kanye West and Pharrell Williams.
About Spotify
Spotify is an award-winning digital music service that gives you on-demand access to over 30 million tracks. Our dream is to make all the world's music available instantly to everyone, wherever and whenever you want it. Spotify makes it easier than ever to discover, manage and share music with your friends, while making sure that artists get a fair deal.
Spotify is now available in 58 markets globally with more than 60 million active users, and over 15 million paying subscribers.
Since its launch in Sweden in 2008, Spotify has driven more than $2 billion to rights holders. Spotify is now the second biggest source of digital music revenue for labels in Europe, and the biggest and most successful music streaming service of its kind globally.
www.spotify.com
