The Music Modernization Act (MMA) will forgive Spotify for years of bad behavior. Ahead of its passage, the company is already moving forward with some post-MMA acquisition plans. Spotify’s ‘non-IPO’ came with a lot of complex puzzles. For example: why is a company that has lost $3 billion — and $1.5 billion in the last year — […]
The post Spotify Is About to Receive a Giant Gift from Congress. Which Might Explain Their Latest Acquisition. appeared first on Digital Music News.