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.

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