The online music service Spotify has signed a licensing agreement with Universal Music, the world's first label. The agreement was sealed two weeks ago, showed, Friday, June 10, unnamed sources quoted by Reuters news agency. Spotify has now catalogs of three of the four major labels, or 70% of the market and makes its imminent arrival on the U.S.
market, according to two sources cited. The streaming site has indeed reached an agreement with the U.S. Sony Music Entertainment and EMI. Sources contacted differ on whether Spotify will launch just before or after entering into a partnership with Warner, the world number three single disc and staff now missing its offer.
market, according to two sources cited. The streaming site has indeed reached an agreement with the U.S. Sony Music Entertainment and EMI. Sources contacted differ on whether Spotify will launch just before or after entering into a partnership with Warner, the world number three single disc and staff now missing its offer.