Phil Bird: top related news
19.01 / 06:45
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Spotify needs to profit from a music revolution
Music matters to the wider economy. It was one of the first industries to be disrupted by the internet, and the first to repackage itself as all-you-can-eat rather than all-you-can-steal. The status quo has been the norm for a while: Napster was wound down two decades ago, its nemesis Metallica embraced streaming platforms more than a decade ago, and Spotify Technology SA's subscription prices have stayed around $9.99 for years.