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Spotify has garnered significant criticism since its launch in 2008. [234] The main criticism is of what artists, music creators and the media have called “unsustainable” compensation. [235] Unlike physical sales or legal downloads (both of which were the primary medium for music listening at that time) that artists pay a fixed price per song or album sold, Spotify pays royalties based on their “market share” – the number of streams for their songs as a share of all songs streamed on the service. Spotify pays about 70% of its total revenue to rights holders, who then pay the artists based on their individual agreements. [107] These agreements constitute all terms agreed between you and Spotify and supersede all prior agreements relating to the subject matter of such agreements, whether written or oral. Any additional or different terms regarding the subject matter of the agreements in a written or oral communication from you to Spotify are not valid. You ensure that you have not accepted the agreements by relying on Spotify`s written or oral assurances that are not included in the agreements. We use our “Investors” and “For the Record” sites, as well as other social media, which are listed in the “Resources – Social Media” tab of our investor site, to disclose key information about companies. For more information, photos or to contact the press team, go newsroom.spotify.com/.

With this new agreement, the companies are advancing their leading partnership and reflecting a shared commitment to continued music growth, a deeper music discovery experience, and collaboration in new, state-of-the-art marketing campaigns across the Spotify platform. In addition, UMG, as the most innovative music company and one of Spotify`s early supporters, will deepen its leading role as early adoption of future products and provide valuable feedback to Spotify`s development team. Thank you for choosing Spotify (“Spotify”, “we”, “us”, “us”, “our”). By using the Spotify Service, websites or software applications (together the “Spotify Service” or “Service”), including the purchase or receipt of restricted codes or offers, you are entering into a binding contract with our local business in your country of residence (your “local country”), as applicable, or with the company listed in this table. Your agreement with us includes these terms of use (“Terms”) and our Privacy Policy (as well as mobile terms, if any, the “Agreements”). If you do not agree with these terms, please do not use the service. Sir Lucian Grainge, President and CEO of Universal Music Group, said: “With this agreement, UMG and Spotify are more than ever focused on our commitment to ensuring that the entire music ecosystem thrives and reaches a new audience around the world. Given our commitment to innovation and early introduction of music technologies and Spotify`s leadership in developing future-oriented tools, our new partnership will provide our artists with new and powerful opportunities to connect with fans on Spotify`s growing platform.

Through this collaboration, our teams will intensify and accelerate our joint efforts to deliver artistic initiatives, strategic marketing campaigns and new offerings to bring exciting new experiences to fans around the world. Spotify allows you to play millions of songs for free. Listen to the songs you love and enjoy music from all over the world. •Search for your favorite song, performer or album. •Discover a world of new music, videos and podcasts. •Enjoy playlists created just for you. •Create and share your own playlists. •Find music for any atmosphere and activity. •Listen to your phone, tablet, desktop, PlayStation, Chromecast, TV and speakers.

Upload music to Spotify to build your biggest and best music collection of all time. Spotify also offers thousands of podcasts, including originals you won`t find anywhere else.