SPOTIFY / KAKAO ENTERTAINMENT: A new deal for more music

This post is also available in: Français (French)

Users of Spotify, the world’s largest music streaming platform, will be able to listen to music by Korean singers distributed by Kakao Entertainment (formerly Kakako M).

Spotify’s home service, which was not previously supported by Kakao Entertainment, will also be provided with music by arrangement.

A Kakao Entertainment official said on March 11th, “We have decided to resume providing music to global services, including South Korea, after negotiating with Spotify for music distribution. We expect this to happen. collaboration with Spotify as well as with various domestic and foreign partners is an opportunity for more music fans around the world to meet our artists and enjoy K-pop.”

We’re excited to be able to reintroduce Kakao Entertainment‘s music to fans around the world and to over 345 million Spotify listeners in 170 countries. We are pleased to provide over 70 million songs and 4 billion playlists to our listeners,” said a Spotify official.

Spotify and Kakao Entertainment had not renewed their music supply contracts, and as of the 1st of this month, overseas Spotify users could no longer listen to the music of Korean singers distributed by Kakao Enter, including IU.

Kakao Entertainment‘s music was not delivered to Spotify’s home service, which launched on the 2nd of last month.

Kakao Entertainment‘s parent company, Kakao, operates Melon, a music streaming platform that competes with Spotify in Korea. For this reason, it was observed that the negotiations on the use of music by both parties were complicated. At that time the two companies had not found common ground.

The suspension of music services due to the hardships of the two companies has caused inconvenience not only to artists, but also to domestic and foreign K-pop fans who use Spotify.

Kakao Entertainment is South Korea’s largest music distributor which distributed 37.5% of Gaon Chart’s top 400 music charts last year.

It features songs from great K-pop singers such as IU and (G) I-DLE, which ranked 8th and 10th respectively, which recorded the most streams on Spotify last year.

Kakao Entertainment said, “We will continue to do our best to protect the rights of creators and develop the Korean music industry and create a stable creative ecosystem.

Spotify also said, “We will continue to work with artists, labels and advocacy groups to positively impact the music streaming ecosystem in Korea.”

What is certain is that fans around the world will be able to find their favorite music and continue to appreciate their artists.

Journalist: Shawn
Translator: Shawn
Source: Spotify / Kakao Entertainment

This post is also available in: Français (French)

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