News Wall Street
Stateside Spotify: Coming Q3, Or Something Like That…
BusinessWeek just reported that Spotify is expecting a US-based launch during the third quarter. But that is not quite accurate, according to the company, which is now more loosely pointing to a ‘later this year’ arrival. The more vague timetable comes from communications executive Jim Butcher, who clarified (or fogged) the matter with Music Ally.
Either way, the BusinessWeek report strongly suggests that Spotify is internally mapping a third-quarter jump. But licensing remains a tricky and time-consuming game, and a source of frustration for both the company and industry onlookers. Deserved or not, the drag is giving majors another dinosaur brush, though executives like Edgar Bronfman are clearly not playing a popularity game.