Spotify may restrict major album releases to its paid subscribers

Android Central

Android Central
Android Central
No word on which record companies would be a part of the deal.

And so it begins: The Financial Times
Please, Log in or Register to view URLs content!
that Spotify is looking to restrict major album releases from some of the major record labels as an incentive to lower its royalty fees.

Please, Log in or Register to view URLs content!


The ploy is apparently in response to the company's
Please, Log in or Register to view URLs content!
—Spotify can't make money off free listeners, and it needs to be making money to legitimize its place on the stock market. Spotify currently serves 50 million paying subscribers around the world — a 40 percent increase from the
Please, Log in or Register to view URLs content!
.

Of course, Spotify isn't the only music streaming service to offer this sort of exclusivity to its paying customers. Tidal, for instance, employs a "pay for access" business model, while Soundcloud keeps its bigger artist's music libraries exclusive to subscribers. There's no word on whether this deal has gone through yet, but when it does, there should be more information about which of our favorite artists will be affected.

cm17dNArS6A


Please, Log in or Register to view URLs content!
 

Users who are viewing this thread

Top