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🤝 BMG and Spotify Sign New US Direct Licensing Agreement Spotify and global music company #BMG have entered into a direct, multiyear US publishing licensing agreement designed to deliver greater value to songwriters and their teams. This agreement reflects BMG and Spotify’s shared interest in building a direct relationship that ensures songwriters share more directly in the value created by their work. It’s a practical step toward a more flexible licensing model that better serves both publishers and their artists, ensuring BMG songwriters benefit more directly in the growth of streaming. “At Spotify, we believe the future of music depends on stronger collaboration across the industry,” said Alex Norstrom, Co-President & Chief Business Officer, Spotify. “Our partnership with BMG advances that vision with renewed support for songwriters through a licensing model that will enhance how music is enjoyed on our platform.” The deal serves as the latest step following BMG’s announcement in late-2023 that it was taking direct control of its digital business, enabling the company to manage its own relationships with streaming platforms to leverage data, improve artist services, and streamline operations for its substantial music catalog. Thomas Coesfeld, CEO of BMG said, “Working directly with Spotify helps us reinforce our mission to ensure songwriters are fairly represented and rewarded for their work. We’re pleased to agree on a progressive licensing model that reflects the real-world use of music across digital platforms and are excited to take our partnership to the next level as we continue to redefine what a modern music company can be. “We applaud their momentum and support their position on developing new AI protections. While we support the use of AI to enhance human creativity, these policies align with BMG’s philosophy and will help ensure that fair remuneration and protection of artists’ works remain non-negotiable.”

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Great to see direct licensing models evolving to give songwriters a closer connection to the value we help create. The practical impact of transparency and fair share can’t be overstated — it strengthens trust and fuels creativity across the whole ecosystem.

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Roee Aizic

ex. COO & EVP Legal and Business Affairs @ Fremantle Israel | Media, Entertainment, Tech, Gaming | M&A, Global Partnerships, IP & Compliance

2w

Awesome news!! looking forward hearing more on this!

ivan martinez

CEO & Producer at Creative Latin Music | Latin Urban, Lo-Fi & Alt Pop | Composer & Label Director

5d

A news from 2023?

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James Bligh

Head of Technology @ big group | Web Development, SEO, PPC, Digital Strategy, Marketing Solutions

2w

Very exciting news

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