While he did not call out Spotify by name, Warner Music CEO said all streaming services that have not raised subscription prices should do so. “I do think that music is undervalued, and I think it’s underappreciated in the markets,” he said. “This is not my opinion: If you take the U.S., the price that the user pays per hour of consumption of music is half of what they pay for movies and TV shows on streaming services.
Source: Without Naming Spotify, Warner Music CEO Calls for Streaming Services to Raise Prices