Global source site Spotify also IU, imyoungung, Zico entertainment such as cacao (cocoa old M) have been able to hear the music of the singer held back.
This is because Kakao Entertainment and Spotify showed different positions and signed a renewal contract to supply domestic and overseas music sources.
The two companies announced on the 11th that they have completed negotiations on the renewal of global licensing. As a result, Kakao Entertainment contents are provided on Spotify around the world, including Korea.
Kakao Entertainment said, “After negotiating a contract for sound distribution with Spotify, we have decided to resume supplying music to global services including Korea.” It is expected that it will be an opportunity for fans to meet our artists and enjoy K-pop. In the future, we will do our best to protect the rights of creators, to grow the Korean music industry and create a stable creative ecosystem.”
Spotify said, “We will be able to re-provide Kakao Entertainment artists’ music to fans around the world and more than 345 million Spotify listeners in 170 countries. We will continue to strive to bring a positive impact to Korea’s music streaming ecosystem through collaboration.”
Cacao entertainment and Spotify Spotify users abroad twelve months from 1 failed to renew a contract to supply sources have not heard the music of local artists such as the cacao Entertainment Distribution IU. The same was true for Spotify’s domestic service, which started on the 2nd of last month.
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Regarding this, some raised doubts that Kakao, which operates the number one music streaming service in Korea,’Melon’, is not signing a renewal with the intention of checking Spotify that has entered the country.
At the time, Kakao Entertainment confronted the claim that Spotify had been demanding that both overseas and domestic contracts should be carried out at the same time.