Spotify, Apple Music and Amazon Music could soon hike prices. This company is betting on it

Streaming music services are relatively cheap. But they'll eventually hike their prices, one of the world's biggest record labels says. When they do, Warner Music Group is ready to cash in.

New York Streaming music services are relatively cheap. But they'll eventually hike their prices, one of the world's biggest record labels says. When they do, Warner Music Group is ready to cash in.

Warner Music, an entertainment conglomerate that represents top artists like Coldplay and Lizzo, announced it was going public Thursday. Unlike other companies that recently went public, the company is profitable and it predicts that it will make even more money as streaming services like Spotify and Apple Music increase their subscription bases and prices.

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