Daniel Ek

The top record labels are unhappy that Spotify isn’t including more of their songs in its curated playlists, according to a note published by Deutsche Bank’s analysts.
For Spotify’s users, curated playlists are popular way to access songs.
While this may sound like a way that Spotify can gain some leverage over the labels and use it to negotiate better royalty rates, the analysts were skeptical.
Spotify doesn’t have the same market dominance that it once did, and the labels have plenty of other places, including Apple, to distribute their songs.

The largest music labels are unhappy that Spotify isn’t providing them with more access to an important part of the streaming music service, according to a report published Thursday by Deutsche Bank.

These curated playlists are put together by a combination of algorithm and hand-picked choices by Spotify employees, and represent an important way for users to find new music, especially from smaller artists. In late 2017, Vulture called Spotify’s RapCaviar “the most influential playlist in music,” reporting that its millions of listeners help turn unknown artists into mainstream successes.

According to Deutsche’s report, the three top labels are unhappy that not enough of their music …read more

Source:: Businessinsider – Technology

      

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