> Some record labels have (had?) sweetheart deals with Spotify
That reminds me of something else I've been thinking about. The labels all have substantial equity stakes in Spotify. It feels like that could be a massive conflict of interest or maybe a collusion problem. Why should the labels push for higher streaming fees when that could hurt Spotify's stock price which would hurt the label's own balance sheets?
That reminds me of something else I've been thinking about. The labels all have substantial equity stakes in Spotify. It feels like that could be a massive conflict of interest or maybe a collusion problem. Why should the labels push for higher streaming fees when that could hurt Spotify's stock price which would hurt the label's own balance sheets?