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Although Spotify has recently launched its service in India, Warner Music Group continues to fight the company for its rights in the country. However, it seems that Warner Music's intentions go beyond India.
According to a report by The edgeSpotify will renegotiate its broader global licensing agreements with the three major US music publishers: Warner, Sony and UMG.
These agreements include clauses ranging from the advance to income splitting and the most-favored-nation clause, which allows for the modification of important aspects of the contract if another label receives a better offer. Spotify needs these offers to be able to stream the broad bands of music controlled by these labels.
Regarding the launch in India, Warner and Spotify are using this opportunity to try to renegotiate its details now rather than later. Barry McCarthy, Chief Financial Officer of Spotify, said:
"It's not really about India" […] "It's about leveraging and renegotiating the global deal."
However, it all started in India when Warner decided to revoke its release license just before the launch of Spotify in the country. Current global contracts between Spotify and Warner Music do not cover extensions to new territories. This means that Spotify must enter into a separate agreement when launching in new countries.
Of course, something went wrong during negotiations with Spotify for its new agreement for global licensing agreements of 2019, and therefore is entirely removed from India.
Spotify and Warner Music are currently fighting in court and if Spotify wins, this could set a dangerous precedent for other streaming services. Spotify plans to use a rather absurd law in India that allows a "broadcaster" to broadcast music protected by copyright even without a license.
In related news, Hulu Live TV and YouTube TV are rapidly gaining subscribers. Bloomberg indicates that the total number of subscribers of both services is 3 million. The report says that Hulu and YouTube far surpass competitors like Sling, PlayStation Vue and DirecTV Now.
Hulu's service seems to be more popular because it has nearly 2 million subscribers, while YouTube TV has a little over 1 million.
Despite this, it seems that the entire streaming TV industry is starting to slow, with most companies raising their prices because of the higher costs of television networks.
However, the first registrations at Sling, DirecTV Now and PlayStation View from Sony Corp. have slowed down. DirecTV Now experienced a 14% drop in customers in the last quarter, after increasing prices. Sling offers a 40% discount to attract new subscribers.
Finally, in the media subscription service, the AMC Stubs A-List seems to be a great success, Bloomberg reports. Although it 's only been on the market for 8 months, the company has added 700,000 subscribers during this period, with one million subscribers by the end of the year. .
What's even more interesting is that A-List members are seeing movies en masse, increasing the amount of sales in the dealerships. Members also bring friends and non-member family members to theaters that pay the full price for movie tickets.
"Before joining A-List, A-List members saw on average only about half a dozen movies a year," said Adam Aron, chief executive of AMC, when of a conference call. "They are now coming into our theaters with a much greater frequency, they are taking their friends to full price and buying high-margin food and drinks."
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