Spotify has agreed another major licensing agreement to ease its way to IPO — this time with indie label representatives Merlin.
Merlin represents a bunch of smaller labels like Beggars Group, whose artists include Radiohead, and Domino Records, which looks after Arctic Monkeys.
Crucially, the deal means indie artists can release new albums to Spotify's paying users first, if they want to. Free users would have access up to a fortnight later. Spotify came to a similar arrangement for its first licensing agreement with Universal, announced earlier this month.
According to Spotify's press release, artists will also have "improved marketing and advertising opportunities, and enhanced access to data."