Warner Music Group pulls a Sony and lets go of most of its Spotify shares. But, why? Warner Music Group Corp. has announced that it has sold around 75% of its shares in Spotify. The company received $400 million. WMG CEO Stephen Cooper stated that $300 million would go to shareholders. He reiterated that the […]
The post Warner Music Just Dumped 75% of Their Spotify Shares – A $400 Million Payday appeared first on Digital Music News.