Spotify Making Good Cash for Record Labels

January 21st, 2010 admin

The record labels, if they were honest, would say they hate digital music. It’s a marketplace over which they have little control. And it’s a marketplace where they have to compete. Neither of these are they used to doing. So when Rob Wells, the senior vice-president Digital for Universal Music Group International (UMGI) declares that t he music service Spotify is making money for them , one has to wonder what’s really going on. What’s going is this: Spotify operates on two models. The first, in the United Kingdom …


Originally posted on PCStats

 
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