Will Warner Music’s short-sighted streaming stance affect Spotify?
This post originally appeared on Spotiguide. A lot of key music industry figures have still yet to get their head around the digital revolution, and one of of those figures seems to be Warner Music Group chief executive Edgar Bronfman Jr. “Free streaming services are clearly not net positive for the industry and as far as Warner Music is concerned will not be licensed,” said Bronfman this week. The announcement seemed to suggest that Warner is pulling its music from streaming services such as Spotify, Last.fm and We7. Bronfman then appeared to strike a specific blow against Spotify, stating, “The ‘get all your music you want for free, and then maybe with a few bells and whistles we can move you to a premium price’ strategy is not the kind of approach to business that we will be supporting in the future.” However, Spotify CEO Daniel Ek was quick to refute suggestions that this might affect Spotify. “To be clear; WMG are not pulling out of Spotify. Media is taken things out of context. S
