Spotify closes final label deal in preparation to go public

Spotify has just renewed its licensing deal with Warner, the last crucial component needed before its public offering in late 2017 or early 2018. The deal is likely identical to what was struck with Universal in April, which included the option to initially hold back new albums from Spotify’s free tier and a break for Spotify in royalty payouts to the label.
With renegotiated licensing deals in place with Sony, Universal, and now Warner, Spotify has all the components in place to predict t