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Spotify to limit new releases to paid subscribers - report

Thursday 16 March 2017 | 15:51 CET | News
Spotify is planning to limit access to new releases to its paid tier, under new licensing details it's discussing with record labels. According to the Financial Times, the new licensing arrangements are aimed at improving the company's financial profile ahead of an IPO. The music companies have agreed to trim the royalty fees that Spotify pays for their songs, people familiar with the discussions said. In exchange, Spotify would restrict the biggest album releases to its paid tier for a period of time. People close to the matter said the licensing talks had picked up considerably, and deals

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Categories: Internet
Companies: Spotify
Countries: World
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