> Making matters worse, the U.S. Copyright Royalty Board just increased the amount to be paid out to songwriters; Spotify said the change isn’t material, but i

> Making matters worse, the U.S. Copyright Royalty Board just increased the amount to be paid out to songwriters; Spotify said the change isn’t material, but it certainly isn’t in the right direction either. I can be wrong but wouldn't something like this affect Spotify's bottom line in short term already? That said, the situation might be even worse. As pointed by the top post from an earlier Spotify IPO discussion, record companies might squeeze Spotify even more if it starts becoming profitable: https://news.ycombinator.com/item?id=16063502 https://news.ycombinator.com/item?id=16063502