Spotify might start paying artists increased royalties after agreement with Universal Music Group

Spotify might start paying artists increased royalties after agreement with Universal Music Group

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Global Music Collection and Spotify Multi -year -old music and music spread. Under the new agreements, the artists of claims, song writers and consumers will benefit from UMG and Spotify from "" "New and advanced shows, new paid subscription levels, music assembly, non -musical content, audio content and more visual content"Other interesting information mentioned in this announcement is that the new publishing agreement establishes a direct license between Spotify and Universal Music Pubishing Group via the current products of music service in the United States and several other countries.

This means that Spotify may finally start pushing artists to increase royalties, at least in the United States and those unveiled countries. Another Faris indicates that this is "The new agreements also renew the companies' commitment to the principles that focus on artists, which ensures that the artists are still rewarded correctly on the share of the audience's participation they lead."

New multi -year agreements between Spotify and Universal Music Group will certainly benefit both, especially as companies agree to cooperate in spreading broadcasts 2.0, UMG. "A vision for the next stage in the development of subscription in music"

According to Mr. Lucian Grayjej, Chairman and CEO, Universal Music Group, "This agreement enhances and expands cooperation with Spotify for each of our posters and music publishers, which provides principles focusing on artists to push a greater liquefy for artists and songwriters, as well as enhance products offers for consumers"

The UMG CEO that UMG is likely to include the launch of new paid subscription levels and/or price increase. These increased royalties will not come from Spotify, but rather from loyal fans who will have to pay more for some additional advantages.

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Global Music Collection and Spotify Multi -year -old music and music spread. Under the new agreements, the artists of claims, song writers and consumers will benefit from UMG and Spotify from “” “New and advanced shows, new paid subscription levels, music assembly, non -musical content, audio content and more visual content“Other interesting information mentioned in this announcement is that the new publishing agreement establishes a direct license between Spotify and Universal Music Pubishing Group via the current products of music service in the United States and several other countries.

This means that Spotify may finally start pushing artists to increase royalties, at least in the United States and those unveiled countries. Another Faris indicates that this is “The new agreements also renew the companies’ commitment to the principles that focus on artists, which ensures that the artists are still rewarded correctly on the share of the audience’s participation they lead.

New multi -year agreements between Spotify and Universal Music Group will certainly benefit both, especially as companies agree to cooperate in spreading broadcasts 2.0, UMG. “A vision for the next stage in the development of subscription in music

According to Mr. Lucian Grayjej, Chairman and CEO, Universal Music Group, “This agreement enhances and expands cooperation with Spotify for each of our posters and music publishers, which provides principles focusing on artists to push a greater liquefy for artists and songwriters, as well as enhance products offers for consumers

The UMG CEO that UMG is likely to include the launch of new paid subscription levels and/or price increase. These increased royalties will not come from Spotify, but rather from loyal fans who will have to pay more for some additional advantages.



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