Saturday, February 5, 2011

Labels: Spotify easy, but revenues 'microscopic' vs. iTunes

Spotify's revenues for music labels are just a fraction of what the studios see at other stores, a contentious rumor maintained on Friday. After reportedly talking to both the labels and bands, Metronome saw a mixed opinion on the streaming service. The most critical label executive called Spotify's revenues "microscopic" compared to iTunes, Amazon MP3 or even eMusic, and thought it was borderline "scandal" that it was even allowed....

Source: http://feeds.macnn.com/click.phdo?i=7bd9e9137c07dcb1135f775cc0a72f25

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