Spotify, Apple Music and Amazon Music could soon hike prices. This company is betting on it

  • 📰 CNN
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

Streaming music services are relatively cheap. But they'll eventually hike their prices, one of the world's biggest record labels says. When they do, Warner Music Group is ready to cash in.

New York Streaming music services are relatively cheap. But they'll eventually hike their prices, one of the world's biggest record labels says. When they do, Warner Music Group is ready to cash in.

Warner Music, an entertainment conglomerate that represents top artists like Coldplay and Lizzo, announced it was going public Thursday. Unlike other companies that recently went public, the company is profitable and it predicts that it will make even more money as streaming services like Spotify and Apple Music increase their subscription bases and prices.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Apple Music upped their fees 2 bucks without notice. I saw the latest receipt.

Look at this article with AT&t blatantly pumping the share prices of a company they own with garbage theories and information.

that's why CDs need to be back in stores

I'd pay more.....

They know Spotify is also free, right?

Streaming is here to stay.

I will always get my music free no matter what they do and thats just the way it is.

it's cheap because it's nowhere close to being worth a damn.

I would expect nothing less due to inflation.

They really want to bring back P2P sharing, don't they?

CNN sucks!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Warner Music Group files for IPO in the latest sign of music industry resurgenceThe major label's decision follows a record quarter for the company as the recorded music industry has gained significant ground thanks to subscription services.
Source: latimes - 🏆 11. / 82 Read more »