News Spotify is currently paying 55% of revenue to labels. It wants to reduce it. News Majors will let artist careers live or die by Spotify plays on The Stream News Staff allegedly told to look for other jobs as SEC filing fails to appear News Ben Bodie and Tim McGee-run business remain outside of Sony's big league acquisition Analysis This is a deal all about hits. Should we really be surprised? News Ministry's roster includes London Grammar, Wretch 32 and Sigala News Former BMG, EMI and Sony exec switches majors in Stockholm News 'It appears that Sony does not value the contribution from, nor the relationship with, songwriters as much as other record labels'