Universal using licensing renewal negotiations to get Spotify to cut back on free streaming

* According to a report in the Financial Times, Universal is using license negotiations with music streamer Spotify in an attempt to get the latter to reduce the amount of free music that it streams to subscribers each month. The global entertainment conglomerate, which owns the largest music company in the world, is blaming free ad-based music streaming for the decline in sales of recorded music from online stores like iTunes.



Spotify is also facing competition from Apple, whose new streaming music service is expected to launch later this year with the release of iOS 8.4. Apple is seeking ... *



from PhoneArena http://ift.tt/1MYDzCW

via http://ift.tt/1MYDzCW
Share on Google Plus
    Blogger Comment