Spotify files for its IPO
Record labels are already in a dynamic where the streaming services have at least equal leverage. Playlists are already taking over radio which is where the labels would give you the most value.<p>More artists are publishing their music independently. I think the negotiation power of older records owned by record labels will diminish because the next generation of independently owned records will outweigh them.<p>The thing I'm unsure of is how Apple Music vs Spotify is going to play out. I feel that Spotify is currently an overall better product but Apple has had major cultural impact with its curation which IMO is more valuable than building software.