Mark Mulligan: Spotify’s Billion Dollar Challenge

by Mark Mulligan

Spotify just changed the rules of the game, raising an unprecedented $1 billion in convertible debt. Guest columnist Mark Mulligan analyzes — what is Spotify’s strategy, and where will growth come from. One key: “The 9.99 subscription model is incredibly difficult (perhaps impossible) to run profitably at scale.” Continue Reading

Musicians petition Copyright Office over DMCA

The music industry is taking a stand against the Digital Millennium Copyright Act, with more than 100 artists and managers petitioning the U.S. Copyright Office to change the current safe harbor laws. The industry has submitted three letters to the office – one from music managers, one from creators, and one from artists and songwriters – explaining their concerns with the existing interpretation of the regulation and calling for change. Continue Reading