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Report: Spotify considers restricting biggest releases to paid users as it renegotiates royalties w/ labels

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<p>Spotify is considering a move that would mean some of its biggest new releases will be restricted to paid users, according to a new report from Financial Times (https://www.ft.com/content/b169046a-09ca-11e7-97d1-5e720a26771b). The decision would come as part of a negotiation with record labels that would reduce the amount of royalties Spotify pays for songs and also allow the company to prepare for an initial public offering, the report claims:</p>
<p> <a href="https://9to5mac.com/2017/03/16/spotify-royalties-labels-new-releases-apple-music-paid-subscribers/#more-472422" class="more-link">more…[/url]</p>
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Source: Report: Spotify considers restricting biggest releases to paid users as it renegotiates royalties w/ labels (http://feedproxy.google.com/~r/9To5Mac-MacAllDay/~3/W1Xu0MOm5j4/)