ST, which announced last Wednesday that it had removed its content from four streaming services - Spotify, Simfy, Rdio and Napster - claiming they provide little revenue and have a detrimental effect on sales, Tweeted yesterday, "Pleased to say we're working with some streaming companies on solutions that work as well for artists as they do consumers."
The company did not wish to elaborate further when contacted by Music Week, although owner Andrew Parkinson promised to get in touch "if ...
Register for a Music Week trial to access this article.
Sign up for your free trial to Music Week, the no 1 weekly trade magazine for anyone who needs to understand the business of music. For four whole weeks we will provide you with great, in-depth journalism that gets right inside the business of music in print and 24/7 online. With both the print and digital edition you will be able to enjoy the whole Premium experience of a subscription to Music Week - absolutely free.Start your free trial