Sony Never Paid a Piece of Their Spotify Advances. So Why Are They Paying on the IPO?

It’s not that Sony wants to give you the money.  It’s that they simply can’t afford not to. Once upon a time, Sony Music Entertainment charged their artists a fee for every CD sold.  Why?  Because Sony, along with Phillips, co-developed the CD back in the early 80s, thereby making them the patent owners.   So […] The post Sony Never Paid a Piece of Their Spotify Advances. So Why Are They Paying on the IPO? appeared first on Digital Music News.