The agreement marks Spotify's latest direct deal with a prominent music publisher and moves its agreement with Kobalt beyond the traditional CRB model in the US
The decline in the streaming platform's subscriber base came as users acquired through business-to-business partnerships shrank 21.1% to 3.9 million in H1.
The service delivers 100 million licensed tracks from Universal Music Group, Sony Music Entertainment, Warner Music Group, and Merlin to 31 US markets.