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A comment on Spotify opens on NYSE, valuing company at almost $30B. Parent comment

Re:Spotify opens on NYSE, valuing company at almost $30B by dannyw on Tuesday April 03, 2018 @10:44PM (#16751469)
Why do you think Spotify has to ditch every other label when they start a new label? I think you're overblowing the power of music labels.

Indie and emerging artists aren't going to sign with a label if it means their music isn't available on Spotify, the #1 streaming service.

Music labels may have modestly more leverage, but it is not impossible for Spotify to start their own label while also maintaining relationships with existing ones.

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Re:Spotify opens on NYSE, valuing company at almost $30B by creaghpatr on Wednesday April 04, 2018 @09:12AM (#16754327)
Inversely, Spotify can buy super-low on fast-growing artists because they can juice the distribution channels for that artist.
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