EMI Inks Liscensing Deal with Grooveshark

Recording giant EMI has announced a partnership with streaming music provider, Grooveshark that will allow users to access the work of thousands of artists and songwriters  licensed under the EMI and EMI Publishing umbrella. Listeners can now log on to Grooveshark and legally hear EMI artists such as, Coldplay, Letoya Luckett, Joss Stone, Corinne Bailey Rae, and many more.

The deal is a result of EMI’s lawsuit against Grooveshark earlier this year. Grooveshark did not have the rights from EMI (or any major label) for the music that they were providing and EMI was the first to intervene. Now that the two companies have agreed upon a “mutually sustainable deal” EMI will receive revenue from their music catalog available on Grooveshark.

Like many streaming music sites, Grooveshark is ad-supported but offers a $3 per month ad-free version. Grooveshark CEO Sam Tarantino said, “We will continue to deliver the best music service on the Internet to our users, and we will expand our capacity to strengthen fan-to-artist connections through our technology.”