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Glassnote Records' Daniel Glass on 'Fantastic' Spotify, Monetizing the Stream

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Excerpt:

From a label perspective, what's your take is on Spotify so far?


I enjoy, appreciate and embrace anything that gets people to discover music. So I would say in the last 12 months, from the United States perspective, Spotify has been one of the most exciting places to discover music.

The traffic and the amount of action on Spotify is just fantastic. That's clear. The amount of people sharing music through their Facebook application on Spotify is great. The people who run Spotify -- Steve Savoca, Daniel Ek and Sean Parker -- were very sensitive to the North Americans, because they flushed out so many issues in Europe and the U.K. before it got to America. So, it's been really good what Spotify has done.


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