Spotify’s catalogue of K-Pop music is returning to its former glory, after the company managed to end its high-profile dispute with South Korean firm Kakao Entertainment.
The new agreement is global, including South Korea, with the separation of the two having been one of the sticking points that led to Kakao’s catalogue being removed from the streaming service.
With Spotify having recently launched in South Korea, it’s clear there are sensitivities around its likely impact on the market. “Kakao Entertainment remains committed to the Korean music ecosystem and its growth and will continue protecting the rights of artists, labels and local rights holders going forward,” said a Kakao spokesperson. “We remain committed to making a positive impact on Korea’s music streaming ecosystem through our partnerships with artists, labels, and local rights holders,” promised Spotify.
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