Top Wall Street Analyst Says Spotify’s Label Renegotiations Are “Less Significant Than Most Investors Believe”

MKM Partners analyst Rob Sanderson wrote a memo to clients saying that most of Wall Street seems overly focused on Spotify’s contract renewals. “We think [the renewals are] less significant than most investors believe,” the memo flatly stated. Sanderson believes music labels will treat Spotify fairly during the renewal process.  That’s yet another Wall Street assessment that counters somewhat sensationalistic reports of hard renegotiations ahead.

Source: Top Wall Street Analyst Says Spotify’s Label Renegotiations Are “Less Significant Than Most Investors Believe”

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