Just hours after Spotify made its long-anticipated launch in the United States on Thursday, ASCAP (American Society of Composers, Authors and Publishers) announced that it has reached an agreement with the company to license the public performance of over 8.5 million musical works in the ASCAP repertory. Under the agreement, Spotify is licensed to stream the works of over 415,000 songwriter, composer and music publisher members of ASCAP.
According to a press release, the agreement covers ASCAP member performances in the U.S. by Spotify's multi-tiered service, including free, ad-supported streaming and its subscription-based products. The agreement runs through 2013.
As part of the agreement, ASCAP and Spotify will utilize a Digital Data Exchange (DDEX) standard for music-use reporting, the release states. DDEX is a consortium whose aim is the creation and adoption of standards for efficient content and metadata exchanges between partners in the digital music supply chain. ASCAP has been a Charter member of DDEX since its founding in 2006.
ASCAP CEO John LoFrumento commented: "ASCAP is delighted to have entered into an agreement with Spotify that is consistent with our commitment to negotiating fair payment for the public performance of our members' music. Spotify understood the benefits of obtaining an ASCAP blanket license in advance of their much-anticipated launch in the U.S., creating a healthy environment for the growth of their business while recognizing that music creators should be paid fairly for their work."