Spotify begins to gain leverage in its relationship with labels

TechCrunch:

But now that Spotify has grown to 50 million paid subscribers and a huge base of free ad-supported listeners, it's emerging from the streaming pack including YouTube / Google Music, Pandora, Apple Music, and Amazon so rights owners can't just favor them instead. Spotify has begun to gain some leverage over the labels so that it can make money without them, and they need it to have a hit record.