Spotify announced that the company has reached an agreement with Kakao Entertainment Corp. (previously Kakao M), making its content available on the platform worldwide, including for the first time in South Korea!
Previously, fans were extremely disappointed after Spotify confirmed that the music distributed by Kakao Entertainment would no longer be available on March 1, due to the expiration of the Spotify license. However, since then, the two parties have held dialogues to renew the licensing agreement, and the issue has finally been resolved.
A spokesman for Spotify revealed on March 11, “We are pleased that Kakao Entertainment’s content and artists are back on Spotify, allowing our more than 345 million global listeners in 170 countries to once again enjoy the music they love. Spotify’s mission has always been to connect artists to their fans around the world and give listeners access to all the music in the world. We are delighted that our Korean listeners can now also enjoy this local music alongside our more than 70 million songs and more than 4 billion playlists. We remain committed to positively impacting Korea’s music streaming ecosystem through our partnerships with local artists, record labels and rights holders. “
A Kakao representative also relayed, “Kakao Entertainment Corp. has signed a contract with Spotify and will sequentially deliver its music content to Spotify for service inside and outside Korea. Through its diverse partnerships around the world, including Spotify, Kakao Entertainment hopes that music lovers around the world can easily access their artists’ and music content to enjoy K-pop. Kakao Entertainment remains committed to the Korean music ecosystem and its growth and will continue to protect the rights of local artists, record labels and rights holders going forward. “
You’re going back to Spotify, now that you can listen to music from UI, A rose, KARD, and more?