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Originally posted by TayGod
I don't know if it is or not, but Paul Reisinkoff, who wrote the article is quite knowledgible about the music industry. Actually, he is the one who started Digital music news. So, I guess we will find out on April 1. In anycase, I know Sony/ATV and Universal of which Taylor and BMG is under want to do away with free streaming completely. They are not against streaming; they are just against free streaming. Can you imagine if one of these companies bought Spotify. They have the money to be able to do that.
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Neither Sony or Universal are going to buy Spotify. It continually makes losses. That article WAS an April Fool. A pretty poor one. Essentially the story was that all free music everywhere would be gone on April 1 onwards. In the comments on that article people were complaining that it was an April's Fool.
Digital Music News is a great site for music industry news, but this particular article was a spoof one. This was confirmed by MusicAlly, which is another music industry site. If the Spotify story was true, then they would have also been reporting on it. Instead all they said at the time was
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MusicAlly @MusicAlly · Mar 25
JESUS CHRIST PEOPLE THAT SPOTIFY STORY IS AN APRIL FOOL. As you were.
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you mean paper town?