By February 11, 2010

Warner Music To Pull Out Of Free Music Streaming

music_2 Do you use Spotify, We7 or Last FM? Well you may see a drop in the number of available tunes to listen to as Warner Music Group have said they will stop licensing its songs to free music streaming services.

Warner Music Group are one of the 4 major music labels and its artists include the likes of Staind, Red Hot Chili Peppers, Hard Fi, Michael Buble, The Enemy, REM, and Wilco – to name just a few.

 

 

Warner’s Chief Executive, Edgar Bronfman Jr, has stated,

"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."

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It is not clear whether Warner will have their currently shared music removed from these sites or just put a halt any future deals.

 

Posted by: Emma

Posted in: News

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