TECH

Sony Music Set To 'Swiftly' Depart From Spotify?

18/11/2014 11:31 GMT | Updated 18/11/2014 11:59 GMT

Following on from the departure of Taylor Swift from Spotify, Sony Music's CFO has confirmed that the company is 're-evaluating' its stance on music-streaming services.

Admitting that there has been a 'lot of conversation' around the topic, Kevin Kelleher confirmed that the company would be looking at how best these services can work for his company.

"What it all really comes down to is how much value are the music company and the artist getting from the different consumption methods."

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"The key question is, are the free, ad-supported services taking away from how quickly and to what extent we can grow those paid services? That's something we're paying attention to as content owners who license our content to the different platforms."

So there you have it, with one of the largest music company's now taking another look at music-streaming could this spell the beginning of the end for -- at the very least -- the current business model that supports Spotify and other similar services.