Spotify Seeks to Fine-Tune Music Rights as It Gears Up for IPO 

As Spotify AB gears up for a potential initial public offering next year, the music-streaming service is missing one key component in its pitch to investors: rights to play the music in years to come, according to people familiar with the matter.

Spotify is now operating on short-term extensions of its old contracts with all three major record companies, having been on a month-to-month basis with at least one of the labels for nearly a year. It is negotiating new deals that would make its finances more attractive to investors.

Source: Spotify Seeks to Fine-Tune Music Rights as It Gears Up for IPO – WSJ

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