Spotify US launch delayed by record labels ad concerns

Friday 20 November 2009 | 10:55 CET | News
The US launch of European music streaming service Spotify is being delayed by record label concerns regarding the service's ability to convert users of its free service into paying subscribers, the FT reported, citing music industry sources. Spotify said last week that a US launch now looked unlikely until early next year because of the complexity of the US market, where it would need agreements with thousands of music publishers. However, sources in three of the four largest music companies told the FT that record labels' financial concerns were the greater hurdle. "We think Spotify is a

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Categories: Internet
Companies: Spotify
Countries: United States
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