Spotify announced that the company has an agreement with Cocoa Entertainment Corp. (previously Cocoa M), which makes their content available on the platform around the world, also for the first time in South Korea!
Previously, fans were extremely disappointed after Spotify confirmed that music distributed by Kakao Entertainment will no longer be available on March 1 due to the expiration of Spotify’s license. Since then, however, the two parties have been in talks to renew the license agreement, and the issue has finally been resolved.
A Spotify spokesperson unveiled on March 11 “We are delighted that Kakao Entertainment’s content and artists are back on Spotify, enabling our 345 million + worldwide listeners in 170 countries to enjoy the music they love. Spotify’s mission has always been to connect artists to their fans around the world and to give listeners access to all the world’s music. We are delighted that our Korean listeners can also enjoy this local music along with our 70 million + songs and 4 billion + playlists. We remain committed to making a positive impact on the Korean music streaming ecosystem through our partnerships with artists, labels and local rights holders. ”
A Cocoa representative also conveyed, ‘Kakao Entertainment Corp. has entered into an agreement with Spotify and its music content will be provided to Spotify for service in 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 artists, labels and local rights holders. ”
Are you going back to Spotify now that you can listen to music by I JOU, A Pink, KARD, and more?