Spotify and Merlin agree multi-year license deal Spotify and Merlin agree multi-year license deal

Spotify and Merlin agree multi-year license deal Featured

Spotify has yet to show profit as it spends to grow internationally.

Music streaming service Spotify said on Thursday it had struck a multi-year license agreement with Merlin, a digital rights agency for the independent label sector.

Spotify said the deal continued a nine-year partnership with Merlin, which is its fourth largest partner.

Spotify, which has not yet shown a profit as it spends to grow internationally, is considering a potential U.S. stock market listing, according to a February TechCrunch report.

 

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Read the article on Reuters.com

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