Spotify and Warner Music Group struck a new multi-year licensing deal covering music and music publishing similar to a recent agreement with Universal Music.

Spotify and Warner Music Group have reached a new multi-year agreement that will cover both recorded music and music publishing. The deal will help deliver new fan experiences, a deeper music and video catalog,

Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new multi-year agreement for recorded music and music publishing, they said on Sunday.