Writing for GigaOM, Michael Robertson the founder and former CEO of MP3.com has lifted the lid on the onerous financial arrangements that record companies impose on digital music subscription services. He argues that online music services such as Spotify, Rhapsody, MOG, Rdio and others are so much at the mercy of the deals that record companies impose on them that the likelihood of turning a profit for the supplier is extremely slim. Instead record companies reap just about any financial reward that is on the table, a fact that has hitherto gone unaddressed as these
