Music publishing, streaming
PRS for Music confirms it has agreed a new two year Europe wide multi-territory licensing deal with music streaming and subscription service, Spotify. Continuing the ongoing relationship between the pair, the recent deal allows the music streaming and subscription service to continue to offer its users a vast bundle of repertoire in the UK and Ireland (including repertoire from over 100 affiliated societies from around the globe), plus PRS for Music’s and Eire based IMRO’s direct members’ repertoire across Europe. The repertoire PRS for Music licenses to Spotify across Europe further includes musical works represented by a growing number of IMPEL publishers. IMPEL currently represents the rights of 40 leading independent publishers, a number that is anticipated to grow further before the end of the year.
Ben McEwen, PRS for Music’s Head of Online said: “We are excited to continue working with Spotify, a relationship that allows millions of users across the globe to enjoy our members’ repertoire. The prodigious growth of Spotify is helping to shape a strong future for dynamic, legitimate streaming services, and we support this thriving online market that recognises and remunerates the works of the creator.”
James Duffett-Smith, Spotify’s Global Head of Publisher Relations, said: “We are very happy to be able to announce the continuation of our successful relationship with PRS for Music. We very much appreciate the ongoing support of PRS for Music and the fantastic publishers and songwriters they represent, and look forward to continuing to build a sustainable future for the creators at the heart of the music industry.”