Vevo International EVP Nic Jones (pictured) has predicted a "massive, massive" change to the paid for music model in the next two years.

Licensing deals between record labels and digital music services are reportedly up for renewal - but won't be renewed, said Jones. Or, at least not under the current terms.

"You will see the [paying for music] model change dramatically in the next two years, I promise you, you will see a massive, massive change," said ...