Spotify (SPOT) has signed a new recording and publishing agreement with Warner Music Group (WMG). This multiyear agreement grants it a license

In the blog, humbly titled “Getting the world to value music,” Kaefer describes the pre-streaming era of music as an exclusive club that made it difficult for new artists to enter the industry. “Now, you can record something today and have it on Spotify tomorrow,” said Kaefer. “Everyone’s invited.”

A multi-year agreement has been signed by Spotify and Warner Music Group with the deal offering ‘further paid subscription tiers.’