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Spotify Struggles To Tame Music Labels

Spotify’s uneven relationships with music labels remains its Achilles heel. The streaming service “wants to pay a smaller share than the nearly 55% of its revenue that it currently pays to record labels and artists,” The Wall Street Journal reports, citing sources. “But some major label executives want Spotify to pay them as much as 58% of revenue from both its free and paid tiers.”

Read the whole story at Wall Street Journal »

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