Spotify’s Stock Is Risky Because the Music Industry Is Not Changing Fast Enough

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Can Spotify become the Netflix of audio? Not if Amazon has a say

Spotify saved the music industry. Some thanks it is getting: Artists skewer the streaming giant, a record label has sued it, and Apple calls it a freeloader. Fans on Wall Street, however, see a more harmonious future when Spotify Technology dominates not just the music industry, but all of audio.

 

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