Wednesday, October 10, 2012
Spotify Nabs Will Page, Former PRS for Music Chief Economist
Will Page, the former chief economist for PRS For Music, has joined Spotify in a senior economics role, a source has confirmed to Billboard.biz. Page left the UK copyright collection society in July.
Business Matters: Accounting Explains How Spotify's Business Model Can SucceedPage's exact role at Spotify is not known, but he stands to be influential both inside and outside the company. His papers on topics ranging from cost disease to Radiohead's pay-what-you-want album "In Rainbows" undoubtedly had a hand in shaping both public opinion and public policy regarding digital music.
Although having an economist on staff is a bit unusual, Spotify has plucked many top executives as it has grown to 4 million subscribers and 15 million monthly active users. Last year it brought in former Clear Channel Radio Digital chief operating officer Garrett Meier to be its general manager of distribution and partnerships and hired former Zynga executive Teymour Farman-Farmaian to be its chief monetization officer (although he left the company in August, according to his LinkedIn profile http://www.linkedin.com/in/teymour).