“Here’s the skinny… Jimmy Iovine and the major labels are conspiring to get rid of free,” music industry insider and critic Bob Lefsetz wrote in a newsletter late on Sunday. “Not only the free tier on Spotify, but YouTube too. Apple Inc. writes a check to the labels on 40 million subscribers for years, whether they reach that number or not, and everybody pays for music.” – Zach Epstein, BGR

(Full Story:http://bgr.com/2015/04/13/free-music-streaming-spotify-youtube-lefsetz/)