Warner Music: “Spotify, and services like Spotify are ever-more meaningful”

Feb 8, 2011
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Warner Music: “Spotify, and services like Spotify are ever-more meaningful”

Warner Music Group isn't quite ready to throw its proverbial licensing hat into the Spotify ring with Sony Music, but it sounds like the label isn't quite as anti-streaming as it was once reported to be. On the company's financial results call today, CEO Edgar Bronfman Jr. revealed that Warner "do see Spotify, and services like Spotify, as ever-more meaningful for our results."

The comment obviously falls short of an actual deal - or, indeed, the confirmation that Warner is particularly looking to Spotify to satisfy its streaming ambitions - but it's certainly more promising than recent talk of labels demanding huge upfront payments. Still, with Google believed to be readying its own streaming system, it's possible that Warner is simply making its flexibility known in the hope of drumming up a bidding war of sorts.


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