The two companies said Tuesday that they have entered into a multi-territory licensing agreement, which includes India. Warner Music is one of the top three music labels in the world.
Today's announcement marks the end of his litigation before the Bombay High Court, which prevented Spotify from offering tens of thousands of musical titles in many regions, including India, where he launched his service early past year. A Spotify spokesperson said the music streaming business was "pleased" with the outcome. "In less than a year, millions of Indian listeners have joined Spotify, listening to their favorite artists and songwriters from across the globe", the spokesperson said.
Spotify had blamed Warner Music Group for instructing Warner/Chappell Music to file for an injunction in an attempt to leverage WCM's local Indian publishing rights, to extract concessions in WMG's global renewal negotiations for musical recordings. Eventually, the Swedish company launched its music service without the Warner group's music.
Spotify offers premium subscription at Rs 119 ($1.67), and an ad-supported free-tier where folks can play any song of choice. According to a report by Bloomberg, the service has less than 800,000 paying subscribers in the country. Apple Music, Amazon Music, Times Internet and Tencent-backed Gaana, Airtel's Wynk and Reliance Jio's JioSaavn are locked in an aggressive battle and offer almost identical catalogs. Google also launched its YouTube Music streaming service in India previous year. A Spotify spokesperson in India declined to comment on the lawsuit.