Spotify Close to Sealing Licensing Deals with Major Record Labels

The proposed deals would have the music companies trim royalty fees that Spotify pays for their songs.
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Spotify, the online music streaming service, is closing in on licensing agreements with several major record labels in an effort to push closer towards an initial public offering, according to the Financial Times.

Read The Full Story Here: Spotify Nearing Licensing Deals With Largest Record Labels

This article was written by a staff member of TheStreet.