(Bloomberg) -- The National Music Publishers’ Association, a trade group that represents music publishers and songwriters, filed a complaint with the US Federal Trade Commission on Wednesday about Spotify Technology SA’s decision to provide audiobooks to subscribers, which resulted in reduced royalty payments to songwriters.The audiobooks addition gave Spotify leeway to reclassify its premium subscription offering as a “bundle.” Under a complicated system set by the US Copyright Royalty Board, t
Spotify stock, ASML and Novo Nordisk, are in or near buy zones and boast this key signal of stock market leadership.
Based on the average brokerage recommendation (ABR), Spotify (SPOT) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?