Major Labels in the USA fly the flight of the Dodo
If these claims are true, than Major Labels in the USA have only themselves to blame if they can’t get rid of Apple iTunes Music Store supremacy.
But what about Rdio? Did they have to come up with the same huge advances?
However, Forrester research analyst Mark Mulligan suggests that a few of the major labels may have set their advances so high that it would be impossible for Spotify to meet their demands without endangering their path to profitability. In other words, in a weird way, we should rejoice that Spotify didn’t launch, as it could’ve been a near suicide mission. As soon as we got Spotify, we could’ve very well lost Spotify too. Sadly, Europe may be the safest place for them now.
Spotify might be safe, but, one day, the record industry may wake up sorry.