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Thursday, October 6, 2011

Spotify: Yea or Nay?

OUT DAMN SPOTIFY: Lively debate going on about Spotify’s impact on record sales, with many assuming the service is having a negative effect. Some are predicting the majors will begin holding back their biggest releases from being added to Spotify for a period of time in order to avoid the potential undercutting of initial sales, and in fact one big act is said to be doing just that with its Q4 release. Despite the concerns, since the service launched July 14, YTD sales over the corresponding week in 2010 have actually increased two percentage points to 3.4%. (10/6p)

 
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