Pandora has announced a direct licensing agreement for recorded music with Warner Music Group. In a statement, Pandora said the agreement “enables both companies to support artists and satisfy the full range of music listening experiences for consumers.”
“Warner has been a tremendous partner to Pandora and we’re thrilled to expand the relationship in a way that truly supports both of our businesses and the artists we serve,” said Tim Westergren, founder/CEO of Pandora. “With this agreement, we’re on a path to launch the world’s most personal and complete music experience that our listeners will love.”
“Pandora has built a huge audience with a compelling product and we’re looking forward to new and enhanced subscription services for music fans and improved monetization for our artists,” said Ron Wilcox, Executive Counsel for Business Affairs, Strategic and Digital Initiatives, Warner Music Group.
The agreement applies to Pandora’s business in the United States.
