Saavn signs licensing deals for Warner and EMI catalogues

RHIAN JONES

Indian music streaming service Saavn has signed licensing deals for Warner Music and EMI catalogues after securing an undisclosed amount of new funding.

The agreements add 800,000 tracks to its library, taking it to nearly two million - the service already includes Sony and other Universal catalogue.

Co-founder and CEO Rishi Malhotra has amibitions to become "the first stop for music in India," on smartphones. "That means going beyond Bollywood and having Western music too," he said.

Recent investment comes ...

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