Spock 20,290 Posted November 18, 2014 Share Posted November 18, 2014 Sony Music Entertainment artists including One Direction, Pitbull, Calvin Harris and Carrie Underwood could be dropping out of free-music streaming queues, in the wake of Swift’s company pulling her entire catalog from Spotify. The decision by Swift’s Big Machine Records to yank the pop star’s music from Spotify has prompted Sony Music Entertainment to reconsider whether it will continue to license songs for free, ad-supported music services, according to Kevin Kelleher, EVP and CFO of Sony Music. After Swift spurned Spotify, “a lot of lot of conversation has taken place over the last week in the light of that,†said Kelleher, speaking at Sony’s investor relations day Tuesday, as reported by the Wall Street Journal. “The key question is, are the free, ad-supported services taking away from how quickly and to what extent we can grow those paid services?†Kelleher said. “What it all really comes down to is how much value are the music company and the artist getting from the different consumption methods.†At the same time, Sony is “very encouraged†by the rise subscription-based streaming services, Kelleher added. Last week, Google announced YouTube Music Key, which will offer more than 30 million songs  including Taylor Swift tunes  for an intro price of $7.99 per month (versus a regular $9.99 monthly). Sony said it expects revenue for the music group to be $4.8 billion to $5.2 billion for the 2017-18 fiscal year. That would be flat or up to 8% growth compared with $4.8 billion projected for the 12 months ending in March 2015.http://variety.com/2014/digital/news/sony-music-may-pull-songs-from-free-music-services-after-taylor-swift-disses-spotify-1201359194/ Called it. Who's calling Taylor "greedy" now who will love me when the night is over Link to post Share on other sites More sharing options...
djBuffoon 11,927 Posted November 18, 2014 Share Posted November 18, 2014 T-Swizzle ha impact Link to post Share on other sites More sharing options...
retroglamx 5,087 Posted November 18, 2014 Share Posted November 18, 2014 Queen Taylor starting a revolution. When will Gagz? Pink flamingos always fascinated me. Link to post Share on other sites More sharing options...
Pure Adrenaline 1,518 Posted November 18, 2014 Share Posted November 18, 2014 yes the revolution is here It's much more fun to have hizophrenia... u never get lonely Link to post Share on other sites More sharing options...
Haroon 49,685 Posted November 18, 2014 Share Posted November 18, 2014 Waiting for Interscope and Capitol to join :popcorn: Link to post Share on other sites More sharing options...
Sexxx 5,497 Posted November 18, 2014 Share Posted November 18, 2014 so silly Link to post Share on other sites More sharing options...
Tropico 4,145 Posted November 18, 2014 Share Posted November 18, 2014 Lol Spotify might as well shut down now. Soundcloud, you're next. ♢ Social Justice Enthusiast ♢ Link to post Share on other sites More sharing options...
mcoop 628 Posted November 18, 2014 Share Posted November 18, 2014 So ridiculous. I sure as hell ain't buying any music from any of those people anyways, so you might as well enjoy the money you're getting from me to listen to any of your music. Link to post Share on other sites More sharing options...
Poker 3,620 Posted November 18, 2014 Share Posted November 18, 2014 this is bullscheisse. people can still illegaly dl music from the web. that's what they should focus on. Kindness rules all. Link to post Share on other sites More sharing options...
thefamebitch 796 Posted November 18, 2014 Share Posted November 18, 2014 Ha, I bet they'd be running to support Spotify if Limewire was still around. Link to post Share on other sites More sharing options...
uo111 5,212 Posted November 18, 2014 Share Posted November 18, 2014 this is bullscheisse. people can still illegaly dl music from the web. that's what they should focus on. Shhhh, let them kill spotify but for the love of god don't take away free, adless, nonstreaming music. Link to post Share on other sites More sharing options...
Yanko 9,860 Posted November 18, 2014 Share Posted November 18, 2014 ridiculous. i hope piracy will grow Link to post Share on other sites More sharing options...
Sugarfall 3,723 Posted November 18, 2014 Share Posted November 18, 2014 That's smart of them but Spotify isn't the only place to get music for free And slay Tay Link to post Share on other sites More sharing options...
Sugarfall 3,723 Posted November 18, 2014 Share Posted November 18, 2014 look on the bright side trash will be pulled Everyone will stop listening to Pitbull bc no one buys his stuff/is actually a fan of him Link to post Share on other sites More sharing options...
Luc 4,775 Posted November 18, 2014 Share Posted November 18, 2014 Ridiculous. They don't know what they're missing out on. Spotify and streaming services have the potential to grow A LOT. CDs won't ever become popular outside the Western world. Streaming services have the potential to grow in those markets, making the global revenue much bigger and giving a platform to promote music to, worldwide. Link to post Share on other sites More sharing options...
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