Recording artists, dissatisfied with their cut of the proceeds, face possible retaliation if they make it publicly known - a nasty public profile for a company to cut against musicians with rabidly loyal fan bases. Record megalabels, reluctant to conclude long-term agreements with Spotify for access to their catalogues, nevertheless command over half of the company’s revenues via royalty payments - the major contributor to Spotify’s continual operating loss. ![]() The Swedish music streaming service, which is widely expected to go public late next year, is already locked in enough significant conflicts to occupy most of Ek’s waking hours.Īpple, besides choking off Spotify updates via the App Store, increasingly poses a competitive threat with its well-funded Music division. ![]() For Spotify CEO Daniel Ek, the goal for the rest of 2016 should be simple: don’t rock the boat.
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