Spotify Chases Licensing Deals on the Path to an IPO
Since 2008, Spotify has generated more than $5 billion for music labels and songwriters.
Spotify hopes its recent deal with Universal Music Group (VIVHY) will serve as a template in negotiations with other music labels including Warner Music (TWX) and Sony Music (SNE) - Get Report as the streaming service journeys down the path to a much-anticipated IPO.
Read More:Spotify Leaps Big Hurdle to IPO With Universal Music Deal
This article was written by a staff member of TheStreet.
