Warner Music, in an official statement, said, "After months of negotiations, Spotify abruptly changed course and has falsely asserted a statutory license for our songwriters' music publishing rights in India. We had no choice but to ask an Indian court for an injunction to prevent this. It's our goal to hammer out a deal that works for everyone."For months, Spotify and Warner Music had been unsuccessfully negotiating a deal for licensing agreements. Spotify, on the other hand, said that Warner revoked a previously agreed-upon publishing license for reasons wholly unrelated to Spotify's launch in India.
Replying to Warner's statement, Spotify spokesperson responded, that Warner's abusive behavior will harm non-Warner artists, labels and publishers, and will prevent Spotify from competing in the market leaving them with no choice but to file for a statutory licence.A statutory license, under the section of the Indian Copyright Law, allows broadcasters to obtain a license for the copyrighted work even if the copyright holder denies the rights. Bombay High Court has declined to grant an emergency injunction, requested by WMG which could've potentially prevented Spotify from Launching in India. Meanwhile, Spotify, which has over 200 million users globally, has stepped into the Indian market, currently, music streaming platforms like Gaana, JioSaavn, Apple Music and Amazon Music rule the turf. Spotify has already secured a licensing agreement with T-Series that has a huge library of songs. WMG, on the other hand, has big-ticket artists like Katy Perry and Led Zeppelin in its kitty. So, It's A WIN!
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