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The Major Labels Are Trying to Sell Spotify for $10 Billion, Sources Say

29 pointsby balbaughalmost 11 years ago

4 comments

mullingitoveralmost 11 years ago
Pretty sure the labels are giving Spotify sweetheart licensing deals right now to boost a business in which they're a stakeholder, but once they're not invested in the business they have every incentive to put the screws to the new owner by jacking up licensing fees. I've heard that Hulu is the same kind of deal.
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gtCameronalmost 11 years ago
Replace "labels" with "networks," and "Spotify" with "Hulu," and we've read this story 100 times. It hasn't really ever worked out for them.
dageshialmost 11 years ago
Can anyone think of a company with deep enough pockets to afford $10b that would actually want Spotify?<p>Because there doesn&#x27;t seem to be an obvious fit to me.
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d0mmealmost 11 years ago
Spotify will just be pure shit after that when it comes true. Flooding people with unnecessary ads and pushing their own artists, will fail this app.<p>My cancellation of subscription and removal of this app as well.