Stuart Dredge (@stuartdredge)
Is Spotify and its streaming music rivals cannibalising download sales from stores like Apple’s iTunes? Universal Music UK’s director of digital Paul Smernicki says not.
“You can imagine that when Spotify first launched, it sent a lot of people in the music industry into panic mode – ‘Let people stream stuff? Just madness!’,” said Smernicki at today’s Guardian Changing Media Summit, where he was speaking in a digital music panel session.