Warner Music to stop providing content to ad supported services
February 11th, 2010 Leave a comment Visited 65 times, 2 so far today
Warner Music to stop providing content to ad supported services
Warner Music has announced that they have decided not to provide their content to ad supported music streaming services that provide access for free.
Some of the services that are likely to get affected by this new development includes Spotify, We7, Last.FM and GrooveShark.
Muse, REM and Red Hot Chili Peppers are few of the popular music groups that are represented by Warner Music.
A company representative said: “Free streaming services are clearly not net positive for the industry and as far as Warner Music is concerned will not be licensed. The ‘get all your music you want for free, and then maybe with a few bells and whistles we can move you to a premium price strategy’, is not the kind of approach to business that we will be supporting in the future.”
|
TechWhack on Facebook
|
Today's Popular Posts
- West Bengal might have to pay compensation to Tata Nano suppliers (4 views)
- Sun Microsystems to cut 3000 jobs (3 views)
- Ansal API ties up with UEM Builders (3 views)
- Tesla Motors planning an electric SUV model! (3 views)
- Goodyear Tire & Rubber to cut 1,500 jobs (3 views)
- Reliance Retail coming to Delhi NCR (3 views)
- Fiat set to launch Fiat 500 model in the US market (3 views)
- Hero Group: Honda is not exiting Hero Honda venture (3 views)
- Toyota aiming for a USD 5000 car for India (3 views)
- AOL acquires location based service Rally Up (3 views)
Overall Popular Posts
- Kia Motors could become the next hot thing on Indian roads (1388 views)
- West Bengal might have to pay compensation to Tata Nano suppliers (1373 views)
- Reliance Retail coming to Delhi NCR (1120 views)
- Ansal API ties up with UEM Builders (711 views)
- Maruti Suzuki Alto set to get a 1 liter K-Series Engine (710 views)
- India now has its own symbol for Rupee! (647 views)
- Maruti Suzuki Alto K10 arriving next month! (593 views)
- Volkswagen Vento launched in India today (591 views)
- Marketwire acquires Sysomos (570 views)
- Nextstop is the latest acquisition by Facebook (565 views)
Acquisitions Airlines and Airports Announcements Automobiles Automobiles Brand Establishment Business Transactions Cars Collaborations Digital Media Expansion General Motors Hardware Manufacturers India Information Technology Investments Job Cuts Lawsuits Legal Hassles Market Rumors Maruti Maruti Suzuki Maruti Suzuki India Media Companies Microsoft mobile devices Mobile Phones - Devices News News Media Personalities Retail Segment Revenue Reports Revenues Rumors Sales Figures Services Market Software Market Tata Tata Motors Tata Nano Telecom and Mobile Services Toyota USA Web Services Web Technologies