Warner/Chappell vs. Spotify: Music rights company backed by fellow publishers in India licensing dispute

“ICMP and its members express their full support of Warner/Chappell Music in its actions.”
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Kobalt Music Group is raising the biggest investment round in its history

MBW speculates that the new funding raise could be in excess of $100m
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Spotify now reaches 0.07% of India’s population (also known as a million people)

A good start for Daniel Ek’s company – with a long way to go
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Liberty Media: We’re still interested in buying a stake in Universal – but we’d probably prefer to control it

“Would we prefer a path to control? Usually in life we do…”
The post Liberty Media: We’re still interested in buying a stake in Universal – but we’d probably prefer to control it appeared first on Music Business Worldwide.

Tencent and KKR are mulling $22.7bn Universal Music Group bids – report

Potential bids would value Universal at around $46bn
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Spotify IS launching India today, with Premium costing the equivalent of $1.67 per month

One day of PAYG Spotify Premium access in India costs 13 INR ($0.18), with seven days costing 39 INR ($0.55) and one month costing 129 INR ($1.81)
The post Spotify IS launching India today, with Premium costing the equivalent of $1.67 per month appeare…

Warner: Spotify just lied about India injunction – and its comments on negotiations are ‘appalling’

“Spotify’s comments yesterday about our fair market negotiations were appalling to us…”
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Spotify could launch in India today as High Court denies Warner/Chappell injunction

Spotify: “This ensures songwriters, artists, labels and publishers will benefit from the financial opportunity of the Indian market and that consumers will enjoy an excellent Spotify experience.”
The post Spotify could launch in India today as High Cou…