Around the Net

Universal Music UK Softens On Streaming Music

The company’s Paul Smernicki on Thursday spoke at the Guardian Changing Media Summit about Universal’s concern that Spotify could hurt sales of music on physical media “but we’ve been unable to find that evidence.” Apparently, the growth of digital revenue in European countries with Spotify is about 40% as compared to 10% in countries without. Smernicki says the music industry has found its feet.

Read the whole story at The Verge »

Next story loading loading..