4 ms·

This is about equity, not about access to music & artists from those publishers

• rnd0 8y ago
  Granted; however the fact that Warner (and from what I read Sony) have lost confidence in Spotify that could easily lead to cutting off their access to their content (artists and music).
  • lozaning 8y ago
    In no way has Warner lost confidence in Spotify, go read the last paragraph again.
  • westpfelia 8y ago
    At no point did they mention losing confidence. In fact literally the opposite. Chances are Warner along with Sony realized now that Spotify is public they no longer have to have a vested interest in a major content providers platform. That coupled with the fact that Warner posted less then stellar third quarter earnings, Warner is probably divesting major securities positions and diversifying into a larger swath of securities to reduce risk.
  • seabrookmx 8y ago
    As others have noted, they explicitly state in the article that this is not the case. Also having worked in the industry, I would trust Spotify over any of the major labels. They're a dying breed.