Spotify delays its launch in India after being sued by Warner Music; Does it mean leverage before contract renewal?

<img srcset = "https://images.news18.com/ibnlive/uploads/2019/02/ Spotify.png "alt =" Spotify delays its launch in India after being sued by Warner Music, does Spotify want to delay the launch in India after being sued by Warner Music?

Spotify had planned to launch service next month in India to meet the likes of Gaana, JioSaavn, Apple Music and Amazon Music

Does Spotify India After Warner Music Group (WMG) sued Spotify on license fees In India, the popular streaming audio platform announced that the WMG had revoked a previously agreed publishing license for reasons unrelated to the company's upcoming launch in the country, Spotify, which was to launch its services in India. in a few weeks, encountered an obstacle when the WMG music label sought an injunction in a Mumbai court earlier in the day, with the goal of leveraging that of Warner / Chappell Music (WCM) local Indian publication rights.

According to a Spotify spokesperson, the WMG ordered the WCM to seek an injunction to take advantage of WCM's local Indian publication rights, in order to extract concessions on its globa. l renewal negotiations for musical recordings. "All other major labels and publishers have agreed to save money and license their music, Spotify also has a license with the local collecting society, with WCM remaining the only support needed for the launch. from Spotify in India "The spokesman told IANS.

Spotify, which has more than 200 million users worldwide, had planned to launch its service next month in India, where streaming platforms such as Gaana, JioSaavn, Apple Music and Amazon Music are the watchwords.
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Spotify has already signed a license agreement with T-Series, which has an extensive library of songs. The WMG, on the other hand, has in its kitten very expensive artists like Katy Perry and Led Zeppelin. "The abusive behavior of the WMG group would hurt many non-Warner artists, labels and publishers and prevent Spotify from competing in the market, leaving us with the choice to apply for a statutory license," the spokesman said.
According to Spotify, the legal license, which allows the application to Internet-based services, prevents abusive practices of the WMG, while ensuring that all rights holders are fairly compensated. "Under the legal license, Spotify will pay the WCM and their rights holders the same rates as those, and will ensure that all those involved will benefit from the new audiences and revenues of the Indian market. to evaluate our options at this stage, "said Spotify spokesperson.