Major Music Studios Wants Less Free Music On Spotify
According to recent reports, major music studios are not happy with the amount of free music offered by Spotify. Their executives are concerned that ad-supporting ‘freemium’ streaming is not making enough cash and wants to limit the amount of free music to users.
The Financial Times is reports that Universal Music Group is renegotiating with Spotify and it wants tighter restrictions on the amount of music users can access for free. It seems other studios also wants something and similar and wants every Spotify user becoming a subscriber.
Ad-funded on-demand is not going to sustain the entire ecosystem of the creators as well as the investors,
The number of users tuning in via streaming services continues to rise, but if you listen to music through Spotify, Rdio, Deezer or one of the other services without paying, make the most of it while you can – it sounds like youll be facing tighter restrictions in the near future.