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[upbeat music]
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[Petra] Okay, so you've heard about
Daniel Ek and his dream.
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00:00:26,520 --> 00:00:30,120
and you've heard about the struggles of
Per Sundin and the music business
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00:00:30,200 --> 00:00:33,440
and how they saw
that Spotify could save them.
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00:00:33,520 --> 00:00:35,800
But if you really thought
it was that simple?
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Think again.
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Remember, the one thing
music execs hate, is change.
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And the one thing tech guys hate,
is compromise.
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Somebody had to figure out what
the hell this new universe looks like.
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That was me. I was the missing link.
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Believe me, it wasn't easy.
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but sometimes, the only thing you
can do is to write your own chorus.
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Heard you won again,
everybody's talking about you.
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Everybody already knows how
these trials will end, it's nothing new.
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It's kind of like that movie,
what's it called? "Groundhog Day" I think.
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Wish my Mondays were that great.
The CEO loves you.
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You're gonna be partner, I'm sure of it.
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You know what you need to do?
Let loose and go out. Celebrate.
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Shake it up a little. Okay?
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Trust me, it'll be too
late when you're changing diapers
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and picking up your
kids from kindergarten.
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I'm coming.
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I don't get how he
can't make it before five.
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Hey, promise me you won't go back
to the office, okay?
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Get out, party. Whatever.
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- We'll see.
- Ciao!
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- Here's the contract you asked me to print
- Oh cool, excellent! Would you mind
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- putting these files in my office?
- Yeah.
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- I'll take a look at the contract later.
- Don't forget the meeting. He's been
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- waiting a while now.
- See you in a couple of weeks.
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Very good.
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Petra?
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[upbeat music]
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I'm going to have to reschedule
that meeting for later in the week okay?
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Okay! Yeah, that's fine.
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Ah, Petra. Good.
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Congratulations on another success.
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- Well played, really well done.
- Thanks.
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The bosses at Petterson are calling
me and begging me for mercy now.
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Okay... Who were you talking to just now?
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Maxine Silverson.
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From the Sony Music office in New York.
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They have a modest ten million dollar
budget for legal expenses. How about that?
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Does that mean we're representing
a record company?
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Yes, exactly.
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That's right.
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The record companies
finally decided to fight back
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and they've asked us to basically
sniff out every little internet service
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that uses their music illegally.
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And who are you going
to give the assignment to sir?
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It's a very interesting
and complex area of law. I'm thinking
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it has to be someone
who can handle that type of case.
53
00:03:02,120 --> 00:03:05,560
Yes, exactly. But the
thing is, they want a senior partner.
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[boss] Yes, Carl...
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[suspense music]
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Petra.
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[assistant] Petra... Ah...
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Do you need anything for the meeting?
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What meeting Linda?
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Martin Lorentzon. He refuses to leave.
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Oh wait, what was that about again?
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Spotify. Eh...
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- The start-up thing? Is he still there?
- Yeah and he's coming over now.
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- Okay, you have to cancel it right now.
- I can't, he's very persistent...
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- Tell him I'll meet him next week.
- [Martin] Petra, hey!
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- Yeah, hi.
- We have a meeting booked.
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Yeah we did, unfortunately,
there's been a double booking,
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Linda will reschedule for you,
so we can meet...
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Oh no it won't take long.
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00:03:57,720 --> 00:04:00,160
I just want to give
you a glimpse of our plans.
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We're a streaming service
as you probably know.
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I do, but this law firm doesn't
work with companies at risk of being sued.
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00:04:07,320 --> 00:04:08,680
No, no one will be sued.
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We're gonna get the music
rights and become the first
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fully legal streaming
service in the world.
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- A fully legal streaming service?
- Yep!
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Okay I'm sorry,
what did you say your name was?
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Martin Lorentzon. I founded Tradedoubler
and now I'm building Spotify.
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00:04:24,839 --> 00:04:27,520
We already have a
couple of record companies as clients
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so I can't represent you
without creating a conflict of interest.
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00:04:30,880 --> 00:04:33,760
No, you don't understand,
we don't want you to represent us.
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Then what can I do for you?
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I want to hire you.
As our lawyer. Full time.
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You'd be working for us at Spotify,
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negotiating and drafting our agreements
with the music industry.
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Mm. Uh... Okay.
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You want me to quit one
of Scandinavia's top law firms
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to go work at a start-up
that nobody has heard of?
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- Yes!
- [laughs] Okay.
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- Thanks for the laugh, it's been a while.
- Of course.
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00:05:02,280 --> 00:05:05,640
But this is way too crazy for me, okay?
No offence.
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But crazy is good!
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Crazy can be good.
Believe me. Here, take my card.
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Come by the office and just look
at the player. That's all I ask.
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[mid-tempo music]
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[Martin] Bye!
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- Hello! You ready for drinks?
- Hi! Yeah, how about you?
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Hmm mh.
99
00:05:45,400 --> 00:05:48,280
Hey, listen,
I think the boss has some news.
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What kind of news?
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- You're making partner.
- He's going to say that now?
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- I think so!
- Are you positive?
103
00:05:58,040 --> 00:05:59,880
Do I have anything between my teeth?
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Not a bit.
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- [indistinct chatter]
- Thank you!
106
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Hello, glad you came Petra.
107
00:06:07,800 --> 00:06:09,760
- Cheers ladies.
- Thank you!
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[boss] Attention everyone!
109
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Well, we've had a good year, yeah?
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00:06:17,400 --> 00:06:21,800
Many of you have shown
that Smith Ardehn is at the forefront,
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especially our Corporate Commercial group.
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Great job, well done!
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[clapping]
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- So was that the big news?
- Just hold on.
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[boss] You know they
say you shouldn't talk about
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decisions that haven't been formally
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confirmed at the board meeting,
but good news is good news right?
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We have a new junior partner.
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Petra Hansson, welcome!
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[clapping]
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- Congrats! This is amazing
- Thank you!
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Petra, congratulations!
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Wow I can't believe it.
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How does it feel?
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Amazing. Thank you!
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00:07:03,040 --> 00:07:05,200
- Thanks.
- This is great.
127
00:07:05,280 --> 00:07:06,856
- So happy for her.
- I'm so proud of you.
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00:07:06,880 --> 00:07:08,120
- Mm.
- You deserve it.
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Guys I'll just... Yeah, see you soon.
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[mid-tempo music]
131
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Yes, absolutely! Of course.
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- Congratulations! Great job.
- Well, thank you for your trust.
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It was actually an easy decision
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considering the tremendous performance
you've shown us this year. Fantastic!
135
00:07:27,640 --> 00:07:29,400
- Thank you so much!
- Welcome aboard.
136
00:07:29,480 --> 00:07:31,160
- Yes, thank you.
- Well deserved.
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Glad to hear that.
Well, I feel ready for the record company.
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- [chuckles] For what?
- Well...
139
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I knew the minute I
saw Maxine Silverson here that
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you were going to give me that case.
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- Right.
- [chuckles] Okay.
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And what didn't you understand about
the "junior" part of junior partner?
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- Partner is partner, right?
- And junior is junior.
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And just so you know, if there's one thing
senior partners don't appreciate, it's
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a junior partner who doesn't
understand and/or respect hierarchy.
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Okay? Cheers, welcome aboard.
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Thanks!
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00:08:05,040 --> 00:08:09,480
Guys? Who wants to go to
a soccer game this weekend?
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- [soft music]
- [background laughter]
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[boss] Sorry, did I say guys?
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[laughter]
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[suspenseful music]
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[indistinct chatter]
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[footsteps]
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[indistinct chatter]
156
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[indistinct chatter]
157
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[man2] Yes!
158
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[man3] Thanks.
159
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[whirring sound]
160
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[indistinct chatter]
161
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Excuse me?
162
00:09:27,200 --> 00:09:30,080
- Can I help you with something?
- No, no need. Don't worry.
163
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Are you here to meet someone, or...?
164
00:09:32,960 --> 00:09:36,040
Yes, I was supposed to meet Martin
Lorentzon, but I don't think he's here.
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Oh yeah, Martin's here.
Follow me, I'll take you.
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Hmm.
167
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[Sophia] He's right over here.
168
00:09:43,880 --> 00:09:46,640
Uhm yeah. By the way, I'm Sophia.
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00:09:46,720 --> 00:09:51,520
- Are you Martin's assistant?
- No, I'm the global marketing manager.
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[background noise]
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And who are you?
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- Hold that.
- Whoa! Uhm...
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[yelps] That's not okay!
174
00:10:00,680 --> 00:10:04,520
No, of course...
Sorry, come with me. Sorry about that.
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They mean no harm. [laughs]
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- Dope power suit!
- Do I have a mark here now?
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00:10:10,960 --> 00:10:13,280
- Oh, no, I think you're good.
- Thanks.
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Martin, you have a visitor.
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- Petra!
- Hi!
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- You came!
- Yes, I survived the walk to your office.
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[laughs] That's great!
182
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I see you met Sophia. She's brilliant!
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She's got everybody talking about Spotify.
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She knows all of Stockholm.
185
00:10:32,840 --> 00:10:34,240
So...
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In there, we have
Daniel Ek, our CEO and my co-founder.
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00:10:38,040 --> 00:10:41,960
- I didn't know you had a co-founder.
- I do, he's a genius.
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He just has a hard time compromising
with the music industry.
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But you know...
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Maybe every genius
needs a little guidance.
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It depends.
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That's why we need you here, right?
193
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You're going to meet a real hero. Come on.
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Niklas, Petra.
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00:11:03,440 --> 00:11:05,680
Niklas here has
handled the negotiations so far.
196
00:11:05,760 --> 00:11:07,280
- Hi. Niklas.
- Petra.
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00:11:07,360 --> 00:11:09,280
He knows all about you. [chuckles]
198
00:11:09,360 --> 00:11:11,600
Yeah, I think he's a
little star struck right now.
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00:11:12,320 --> 00:11:15,120
It looks like you have a negotiator,
so you don't really need me.
200
00:11:15,200 --> 00:11:21,320
We do need you, believe me. Been
wrestling with the record companies alone
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00:11:21,400 --> 00:11:23,840
for far too long.
So you are more than needed.
202
00:11:23,920 --> 00:11:24,840
Welcome.
203
00:11:24,920 --> 00:11:26,280
[chuckles]
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00:11:26,360 --> 00:11:31,960
- We're old childhood friends, actually.
- Are you going to show me this player?
205
00:11:32,040 --> 00:11:33,920
- Mm.
- Of course. Over here.
206
00:11:34,840 --> 00:11:38,960
- Nice meeting you.
- Meet Andreas Ehn and Ludvig Strigeus.
207
00:11:39,520 --> 00:11:43,520
The super geniuses behind
the beta application we've created.
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00:11:43,600 --> 00:11:46,080
- Hey! Andreas.
- Hi! Petra.
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00:11:47,360 --> 00:11:49,600
- Ludvig.
- I'm Petra, nice to meet you.
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00:11:50,320 --> 00:11:53,200
So, Sophia is brilliant,
211
00:11:53,280 --> 00:11:56,200
Daniel is a genius, Niklas is a hero,
212
00:11:56,280 --> 00:11:58,480
Andreas and Ludvig are also geniuses.
213
00:11:58,560 --> 00:12:01,760
So do you have anyone who might be...
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00:12:01,840 --> 00:12:03,600
I don't know, just normal?
215
00:12:03,680 --> 00:12:05,800
Ehm... No.
216
00:12:05,880 --> 00:12:07,800
Why don't you try the player yourself.
217
00:12:08,840 --> 00:12:09,840
Here.
218
00:12:11,640 --> 00:12:13,400
[sharp swoosh sound]
219
00:12:14,800 --> 00:12:19,240
[soft music]
220
00:12:19,320 --> 00:12:22,440
But how... but?
Wait a minute... It's playing, how come?
221
00:12:22,520 --> 00:12:23,960
It's supposed to download...
222
00:12:24,040 --> 00:12:26,320
[soft music]
223
00:12:26,400 --> 00:12:28,200
This is unbelievable!
224
00:12:28,280 --> 00:12:30,920
[soft music]
225
00:12:31,000 --> 00:12:35,600
Okay, wow. I'm super impressed.
226
00:12:37,880 --> 00:12:38,880
Want a coffee?
227
00:12:40,360 --> 00:12:44,000
No. I think I'll sit here
and listen to music.
228
00:12:44,080 --> 00:12:46,600
But... okay. Wow.
229
00:12:47,400 --> 00:12:50,280
I'm almost a little shocked.
This is really...
230
00:12:50,360 --> 00:12:52,360
How did you make it look so pretty too?
231
00:12:52,440 --> 00:12:53,440
[sharp swoosh sound]
232
00:12:54,280 --> 00:12:56,480
But what's the plan
if they won't give you the rights?
233
00:12:56,560 --> 00:12:57,560
Because you know
234
00:12:57,640 --> 00:13:01,720
Martin, the record companies will do
everything they can to stop this.
235
00:13:01,800 --> 00:13:04,640
- They want to crush the digital market.
- Yes, we know.
236
00:13:04,720 --> 00:13:08,200
And that's why you're here,
that's why we want to hire you, Petra.
237
00:13:08,280 --> 00:13:12,520
Yes, but how long can you afford that?
Six months? A year, if you're lucky.
238
00:13:12,600 --> 00:13:17,440
Martin, negotiating with record companies,
it's a bit like getting water-boarded.
239
00:13:17,520 --> 00:13:19,000
Hmm.
240
00:13:19,080 --> 00:13:23,800
You know, the purpose is to like drag it
out until you're completely exhausted
241
00:13:23,880 --> 00:13:27,320
and disgusted and you just
beg and plead for it to be over.
242
00:13:28,240 --> 00:13:30,400
So, how long do
you think it will take before
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00:13:30,480 --> 00:13:36,640
your investors give it up and I have to
crawl back and ask for my old job back?
244
00:13:36,720 --> 00:13:38,640
We have no investors.
245
00:13:39,880 --> 00:13:40,880
I'm the money.
246
00:13:42,920 --> 00:13:47,560
Listen, I'm prepared to put all the money
I made in Tradedoubler into this.
247
00:13:49,160 --> 00:13:53,440
Now, look. This probably looks like
a start-up to you.
248
00:13:54,240 --> 00:13:58,000
- Please, of course it does, like a lot.
- Yes! And it is, absolutely.
249
00:13:58,080 --> 00:14:00,480
But it's not just any start-up.
250
00:14:00,560 --> 00:14:04,880
Because it's the only start-up that has
a budget that covers legal costs.
251
00:14:04,960 --> 00:14:07,760
And that's how we'll negotiate
with the record companies.
252
00:14:09,120 --> 00:14:14,720
You've worked in organizations that have
operated in creative fields, haven't you?
253
00:14:14,800 --> 00:14:17,320
You've represented musicians.
254
00:14:18,120 --> 00:14:19,400
No, not quite, but...
255
00:14:19,480 --> 00:14:23,320
- Yeah, you're a genius.
- [laughs]
256
00:14:23,400 --> 00:14:25,640
You're amazing. You took...
257
00:14:25,720 --> 00:14:29,000
You graduated top
of your class in law school...
258
00:14:29,080 --> 00:14:32,640
Hm? You did a master's,
a two-year master's in one year.
259
00:14:32,720 --> 00:14:35,240
- One and a half, to be precise.
- Look at that.
260
00:14:36,120 --> 00:14:39,760
It often takes eight years to become a
partner, you became a partner in five.
261
00:14:41,680 --> 00:14:45,080
We want to turn the whole industry
upside down, Petra.
262
00:14:46,600 --> 00:14:50,680
You have a chance to be part a part
of the new chapter in music history.
263
00:14:51,640 --> 00:14:52,880
To create something.
264
00:14:54,000 --> 00:14:55,680
The only thing we need right now,
265
00:14:56,480 --> 00:15:01,000
is someone who's passionate
about the cause and knows the law.
266
00:15:03,720 --> 00:15:09,280
We both know that you're the right person
in the right place, right now.
267
00:15:14,600 --> 00:15:17,120
How many songs do you have on that server?
268
00:15:17,200 --> 00:15:18,480
All of them.
269
00:15:19,560 --> 00:15:21,360
You cannot have all the songs on it.
270
00:15:22,320 --> 00:15:24,760
Yes. All of them.
271
00:15:35,760 --> 00:15:38,560
Excuse me please guys,
do you mind if I try it again.
272
00:15:38,640 --> 00:15:41,440
Yeah. Here you go.
273
00:15:42,240 --> 00:15:43,760
Thank you, very much.
274
00:15:59,360 --> 00:16:03,200
[mid-tempo music]
275
00:16:13,720 --> 00:16:15,120
[Martin laughs]
276
00:16:15,200 --> 00:16:20,560
[mid-tempo music]
277
00:16:20,640 --> 00:16:22,800
That's my starting salary.
278
00:16:23,840 --> 00:16:25,200
Ow, that hurts!
279
00:16:25,880 --> 00:16:29,760
You can tell the genius in there that from
now on, I'm in charge of the legalities.
280
00:16:29,840 --> 00:16:30,840
Okay.
281
00:16:30,920 --> 00:16:32,120
[mid-tempo music]
282
00:16:32,200 --> 00:16:33,720
- Thank you very much.
- Thanks.
283
00:16:33,800 --> 00:16:36,200
- Bye. Goodbye.
- Take care.
284
00:16:36,280 --> 00:16:37,320
Thank you.
285
00:16:38,000 --> 00:16:39,000
Thanks.
286
00:16:40,840 --> 00:16:44,360
[mid-tempo music]
287
00:16:54,360 --> 00:16:57,160
Do you really think
it's realistic to launch is in four weeks?
288
00:16:57,240 --> 00:16:59,520
- Yeah.
- Do you know something I don't know?
289
00:16:59,600 --> 00:17:02,361
Because getting the licenses
for the music will take longer than that.
290
00:17:02,440 --> 00:17:04,240
But I had to say something, right?
291
00:17:04,320 --> 00:17:07,320
The coders have been ready for months,
We need to keep the buzz going.
292
00:17:07,400 --> 00:17:09,920
- The buzz?
- Yes. Does anyone have any money?
293
00:17:10,800 --> 00:17:14,440
Yeah, we have the technology.
Everything is in place. Thank you.
294
00:17:14,520 --> 00:17:16,359
We just have to keep everyone believing.
295
00:17:16,440 --> 00:17:18,760
Absolutely. Everything's in
place except for one thing
296
00:17:18,839 --> 00:17:21,079
Daniel, the music
is owned by the record companies.
297
00:17:21,160 --> 00:17:22,960
Yeah. And now they wanna talk to us.
298
00:17:23,040 --> 00:17:25,040
No, they wanna demand
royalties until we collapse
299
00:17:25,119 --> 00:17:27,119
just like they do
with all other digital start-ups.
300
00:17:27,200 --> 00:17:30,880
That's the thing, we shouldn't have
to pay any royalties. We're a platform.
301
00:17:30,960 --> 00:17:33,520
It's not like Google pays for
every page they pull up.
302
00:17:33,600 --> 00:17:35,496
But I feel like you
don't understand what I mean.
303
00:17:35,520 --> 00:17:37,360
- Niklas, help me!
- I hear what you're saying.
304
00:17:37,440 --> 00:17:38,496
Please help me,
you have to help me, please.
305
00:17:38,520 --> 00:17:42,400
I get what you're saying. You're saying
they won't budge, but neither will we.
306
00:17:42,480 --> 00:17:45,080
We are the future Petra,
we make the rules now.
307
00:17:45,160 --> 00:17:49,000
And if they don't get it, well, they can
keep getting fucked by Pirate Bay, right?
308
00:17:49,080 --> 00:17:50,320
[laughs]
309
00:17:50,400 --> 00:17:54,840
- Are you guys done now so we can...?
- Yeah! We are totally done.
310
00:17:55,960 --> 00:17:57,640
Maybe I'll put the can away.
311
00:17:57,720 --> 00:18:01,960
[laughter]
312
00:18:02,040 --> 00:18:03,720
- Aven?
- Hi, Petra.
313
00:18:03,800 --> 00:18:06,040
- Will you be joining us?
- Yeah.
314
00:18:07,000 --> 00:18:09,080
- Hey.
- Good to see you!
315
00:18:09,160 --> 00:18:11,320
- Yeah, you too.
- Please have a seat.
316
00:18:15,520 --> 00:18:16,840
Hello. Hi.
317
00:18:17,440 --> 00:18:18,720
Hi.
318
00:18:18,800 --> 00:18:21,760
[rustling sound]
319
00:18:21,840 --> 00:18:22,840
Welcome.
320
00:18:22,880 --> 00:18:24,920
- Thank you.
- Thank you!
321
00:18:25,000 --> 00:18:26,720
I am Maxine Silverson,
322
00:18:26,800 --> 00:18:29,120
a senior adviser to the CEO.
323
00:18:29,200 --> 00:18:32,400
And we really
love the BETA-version of Spotify.
324
00:18:32,480 --> 00:18:33,840
- That's great to hear.
- Yeah.
325
00:18:33,920 --> 00:18:36,440
I really think that there's
something special about it.
326
00:18:36,520 --> 00:18:39,840
[Niklas] The first thing to say
is that Spotify is a new model.
327
00:18:39,920 --> 00:18:41,080
It's about access...
328
00:18:41,160 --> 00:18:42,280
I cannot believe it.
329
00:18:42,360 --> 00:18:44,040
[Petra] Sitting right
there with Ken Parks.
330
00:18:44,520 --> 00:18:45,960
The attack dog.
331
00:18:47,960 --> 00:18:52,000
He knows every comma, period
and semicolon in the law.
332
00:18:53,600 --> 00:18:56,960
He'll smash you in the head
with a law book until you beg for mercy.
333
00:18:58,080 --> 00:19:01,160
And you just wish
that he was on your side.
334
00:19:06,440 --> 00:19:07,440
I'm sorry?
335
00:19:07,960 --> 00:19:09,560
[Maxine] These are our fees, Daniel.
336
00:19:10,520 --> 00:19:13,640
As I said, we really like
your new music client,
337
00:19:13,720 --> 00:19:17,560
and we would love to work with you, but...
338
00:19:17,640 --> 00:19:23,080
If you want to get access to our music,
these are our fees.
339
00:19:23,680 --> 00:19:26,800
And for new clients,
we usually ask for upfront payment.
340
00:19:27,760 --> 00:19:28,760
Upfront?
341
00:19:29,240 --> 00:19:31,800
[Maxine] Yeah, upfront.
342
00:19:31,880 --> 00:19:33,960
Niklas just explained, we have...
343
00:19:34,040 --> 00:19:36,960
Do you know how many music
start-ups I've sat with?
344
00:19:37,040 --> 00:19:39,000
In rooms just like this one.
345
00:19:39,840 --> 00:19:40,840
Hundreds.
346
00:19:41,480 --> 00:19:42,720
You know what I haven't heard?
347
00:19:42,800 --> 00:19:45,400
A single one who has a clue
about how they're gonna turn a profit.
348
00:19:45,440 --> 00:19:48,480
- We just explained that.
- Talking about your shitty ad revenue?
349
00:19:48,560 --> 00:19:52,680
For a website that has zero users? And
which you're not charging for our music?
350
00:19:52,760 --> 00:19:55,760
I know what you're gonna say,
"This is a new era.
351
00:19:55,840 --> 00:19:58,960
Google doesn't pay
for the sites it displays."
352
00:19:59,040 --> 00:20:00,760
You know what I say to that?
353
00:20:00,840 --> 00:20:04,080
You're building a business
on the back of our hard work.
354
00:20:04,160 --> 00:20:09,360
Bob Dylan, Bruce Springsteen,
Elvis Presley, Michael fucking Jackson...
355
00:20:10,280 --> 00:20:12,000
You want me to rip them off?
356
00:20:12,960 --> 00:20:15,760
Just hand over their music,
so you can make a fucking fortune?
357
00:20:15,840 --> 00:20:18,120
I believe in sustainability.
358
00:20:18,720 --> 00:20:21,280
Is this a sustainable business model?
I don't think so.
359
00:20:21,360 --> 00:20:22,840
You know what, this is bullshit.
360
00:20:22,920 --> 00:20:26,480
Your music is being shared
and stolen every single day.
361
00:20:26,560 --> 00:20:27,560
- Daniel!
- No, listen.
362
00:20:27,600 --> 00:20:30,960
Those artists that you claim to
protect, you say it's for them.
363
00:20:31,040 --> 00:20:32,976
Do you think they're
happy with the situation right now?
364
00:20:33,000 --> 00:20:34,880
You're losing billions every single year,
365
00:20:34,960 --> 00:20:37,560
we come here with a solution,
and this is how you treat us?
366
00:20:37,640 --> 00:20:41,360
If this is your attitude,
no wonder the music business is dying.
367
00:20:41,440 --> 00:20:44,400
You deserve to go down. Fucking dinosaurs.
368
00:20:44,480 --> 00:20:46,160
[footsteps]
369
00:20:46,240 --> 00:20:47,400
I'm sorry.
370
00:20:48,440 --> 00:20:50,040
[door clicks]
371
00:20:50,120 --> 00:20:53,840
[chuckles]
372
00:20:53,920 --> 00:20:55,680
[door closes]
373
00:20:56,280 --> 00:20:57,800
[Ken] The world is changing.
374
00:20:58,840 --> 00:21:02,600
but that doesn't mean you get to break
the cookie jar and take whatever you want.
375
00:21:04,640 --> 00:21:07,880
But we know what we do,
and we know what our music is worth.
376
00:21:07,960 --> 00:21:11,600
But if you want to share, start a nursery.
377
00:21:12,920 --> 00:21:14,720
You want music?
378
00:21:14,800 --> 00:21:15,880
Pay.
379
00:21:21,000 --> 00:21:22,680
1998.
380
00:21:23,200 --> 00:21:25,960
[tense music]
381
00:21:27,600 --> 00:21:30,200
That's the year these were last reviewed.
382
00:21:30,280 --> 00:21:33,200
The same year Britney had her first hit.
383
00:21:33,280 --> 00:21:36,520
And only like four people
had heard of the internet...
384
00:21:41,400 --> 00:21:43,960
You think you'll get away
with this forever?
385
00:21:44,040 --> 00:21:48,200
[tense music]
386
00:21:48,800 --> 00:21:51,200
You can't use old law for new times.
387
00:21:54,120 --> 00:21:55,320
See you next time.
388
00:22:05,960 --> 00:22:09,040
[Petra] Daniel, we need to go over our
strategy for these meetings.
389
00:22:09,120 --> 00:22:09,960
What? Why?
390
00:22:10,040 --> 00:22:13,800
Because it doesn't work for you to
berate everyone that we need on our side.
391
00:22:13,880 --> 00:22:16,800
[Daniel] So, fuck getting
them on our side then!
392
00:22:16,880 --> 00:22:20,280
If they don't get it, or just
don't want to, well then fuck them.
393
00:22:20,360 --> 00:22:21,240
Want some coffee?
394
00:22:21,320 --> 00:22:22,320
[Niklas] Yes, please.
395
00:22:24,320 --> 00:22:27,600
- Everyone thinks we are about to launch.
- Yeah and we will.
396
00:22:27,680 --> 00:22:30,440
We can't launch without licenses,
that's stupid.
397
00:22:30,520 --> 00:22:33,360
If they won't give us the music,
then we'll just have to take it!
398
00:22:33,440 --> 00:22:36,760
What are they going to do about it?
Not a fucking thing. It's simple.
399
00:22:37,720 --> 00:22:40,736
I don't you'll you'll find it so simple
afterwards when you have to pay damages
400
00:22:40,760 --> 00:22:43,720
for the rest of your life.
Now, listen Daniel.
401
00:22:43,800 --> 00:22:45,920
For these people, there is no music.
402
00:22:46,000 --> 00:22:50,080
There's only ownership and rights.
There's publishing, digital rights.
403
00:22:50,160 --> 00:22:53,440
There's rights over masters,
mechanical rights...
404
00:22:53,520 --> 00:22:54,840
Mechanical rights?
405
00:22:54,920 --> 00:23:00,160
A special license for those self-playing
pianos they had in the Wild West.
406
00:23:00,240 --> 00:23:02,560
I'm not a self-playing piano.
407
00:23:03,720 --> 00:23:06,520
You know what?
According to the law, you actually are.
408
00:23:09,080 --> 00:23:13,360
- All good with the accountant?
- Yes, we've just run into a few obstacles.
409
00:23:13,440 --> 00:23:18,000
I've been put on temporary
trading suspension for at least a year.
410
00:23:18,640 --> 00:23:20,240
- What did you just say?
- What?
411
00:23:21,520 --> 00:23:25,280
Wait, hold on a second. Tradedoubler
is what keeps this place afloat.
412
00:23:25,360 --> 00:23:27,040
Yes, that's right.
413
00:23:27,120 --> 00:23:30,200
But I had to sell a bit more
than I thought and... [chuckles]
414
00:23:30,280 --> 00:23:33,920
Well, I risk being
accused of stock dumping.
415
00:23:34,000 --> 00:23:37,120
We can't talk about this here.
Let's go to one of the other rooms. Okay?
416
00:23:41,160 --> 00:23:42,400
Okay.
417
00:23:43,840 --> 00:23:45,360
We just need a sponsor
418
00:23:45,440 --> 00:23:47,400
and the launch party
is gonna be so fucking great.
419
00:23:47,440 --> 00:23:48,760
[Daniel] Hmm, cool.
420
00:23:48,840 --> 00:23:51,480
Word's already out,
I think people are getting excited.
421
00:23:51,560 --> 00:23:52,720
[Daniel] Well done! Good job!
422
00:23:53,240 --> 00:23:55,200
- It's going to be awesome!
- That's great!
423
00:23:55,880 --> 00:23:56,880
Thanks!
424
00:24:03,000 --> 00:24:04,520
[sighs]
425
00:24:06,720 --> 00:24:08,840
Okay, and about how long do we have left?
426
00:24:09,880 --> 00:24:12,120
- If we're lucky, four, five...
- [Petra] Months?
427
00:24:12,200 --> 00:24:13,360
No. Weeks.
428
00:24:17,920 --> 00:24:21,400
I know, it's my fault.
We have four weeks to launch.
429
00:24:22,800 --> 00:24:26,760
I'll get the money.
How did the meeting go?
430
00:24:26,840 --> 00:24:30,480
Ask Daniel, he snapped and told the
head lawyer at Sony to go to hell.
431
00:24:30,560 --> 00:24:31,616
- [Daniel] No, I didn't.
- [Petra] You did.
432
00:24:31,640 --> 00:24:33,440
- No, not directly.
- Daniel...
433
00:24:33,520 --> 00:24:37,040
Please! I get so fucking tired of these
people who think they know everything.
434
00:24:37,120 --> 00:24:39,576
- [Martin] So what the hell do we do?
- We obviously have to compromise.
435
00:24:39,600 --> 00:24:40,736
- No way.
- [Petra] Would you rather
436
00:24:40,760 --> 00:24:43,800
- sacrifice the company instead?
- We won't sacrifice, we have a strategy.
437
00:24:43,880 --> 00:24:45,840
And that strategy isn't working, Daniel.
438
00:24:46,720 --> 00:24:48,576
Here's the thing,
when you brought me in as a lawyer,
439
00:24:48,600 --> 00:24:51,680
you wanted someone
who could get the licenses.
440
00:24:51,760 --> 00:24:54,600
We'll never get the
licenses acting like this.
441
00:24:54,680 --> 00:24:58,760
It's crucial to be the adults in the room,
and not some whiny kids.
442
00:24:58,840 --> 00:25:01,600
We need to show the industry
that we've bring solutions.
443
00:25:01,680 --> 00:25:04,160
I know these people!
I've worked with them.
444
00:25:04,240 --> 00:25:07,600
I know how they work. I need to be in
charge of conversation when we negotiate.
445
00:25:07,680 --> 00:25:11,000
Whatever you need to get the deal
done, Petra, do it.
446
00:25:11,080 --> 00:25:14,640
Well to begin, we want to ignore Sony
for now, and focus on other companies.
447
00:25:14,720 --> 00:25:17,320
We have Universal, Warner, EMI.
448
00:25:17,400 --> 00:25:21,600
We just need to get one of these companies
over and the others will come themselves.
449
00:25:21,680 --> 00:25:24,280
[Niklas]
Then I think we should focus on Warner.
450
00:25:24,360 --> 00:25:27,160
I looked at the results
of last year's CPR.
451
00:25:27,240 --> 00:25:31,840
There's no other company that's been
hit as hard by piracy as Warner.
452
00:25:31,920 --> 00:25:34,120
If anyone needs this
deal, it's clearly them.
453
00:25:34,200 --> 00:25:35,320
[Daniel] Perfect.
454
00:25:35,400 --> 00:25:40,440
Good, Niklas. And one more thing, Niklas
and I will take care of that meeting.
455
00:25:40,520 --> 00:25:43,680
[soft music]
456
00:25:46,920 --> 00:25:48,520
[sighs]
457
00:25:50,280 --> 00:25:51,480
Okay.
458
00:25:54,040 --> 00:25:56,320
[phone rings]
459
00:25:56,400 --> 00:25:59,760
[phone ringing]
460
00:26:06,040 --> 00:26:09,920
Hey Aven, I was
just about to go out to lunch.
461
00:26:10,000 --> 00:26:11,040
[Aven] I brought you some.
462
00:26:13,200 --> 00:26:15,080
Wait, you're here now?
463
00:26:15,960 --> 00:26:17,240
Hi.
464
00:26:18,040 --> 00:26:21,920
[indistinct chatter]
465
00:26:24,160 --> 00:26:25,200
Okay...
466
00:26:27,120 --> 00:26:30,640
Hi! It's so good to see you.
467
00:26:30,720 --> 00:26:34,520
- Hello!
- Hi. Okay, so sorry! Gosh. Sit down.
468
00:26:34,600 --> 00:26:37,720
- Lively... Ouch, what the fuck?
- So nice that you came.
469
00:26:38,400 --> 00:26:40,560
- Take the toys outside.
- Ah sure. Yes, sure.
470
00:26:42,000 --> 00:26:43,680
[sighs]
471
00:26:43,760 --> 00:26:47,240
So this is the place
you left your nice job at Smith for?
472
00:26:47,320 --> 00:26:51,080
Don't take this the wrong way,
but the meeting with Sony...
473
00:26:51,160 --> 00:26:54,880
Why didn't they let you run the
negotiations? That was embarrassing.
474
00:26:54,960 --> 00:26:58,920
It was, I agree. But now it's sorted.
I'm handling negotiations from now on.
475
00:26:59,000 --> 00:27:02,040
Okay. I hope so. He's tough, Ken Parks.
476
00:27:02,120 --> 00:27:04,160
I really wouldn't want to be
in your position.
477
00:27:06,680 --> 00:27:09,760
So... Well, it may not seem like it, but...
478
00:27:09,840 --> 00:27:14,480
these guys are doing something really big.
It's gonna change the music industry.
479
00:27:15,400 --> 00:27:16,680
I promise you.
480
00:27:16,760 --> 00:27:20,680
Look. Why do you think the boss
put me in that meeting?
481
00:27:20,760 --> 00:27:24,560
He's furious you left, he'll do anything
to make sure you don't get a deal.
482
00:27:25,240 --> 00:27:27,680
He's already contacted half of
Stockholm's record companies.
483
00:27:27,760 --> 00:27:29,000
He's also an idiot.
484
00:27:29,600 --> 00:27:32,920
Petra... you can't win this.
485
00:27:33,520 --> 00:27:36,760
I mean the best you can do
is come back before it's too late.
486
00:27:36,840 --> 00:27:38,320
You sure about that?
487
00:27:39,520 --> 00:27:42,440
You know damn well the record companies
would never let go of their music.
488
00:27:43,200 --> 00:27:45,640
- I guess we'll see.
- Mhm. Okay.
489
00:27:47,680 --> 00:27:48,936
Besides, it's a lot of fun here.
490
00:27:48,960 --> 00:27:52,760
Fun? Are you a lawyer
or some kind of daycare worker?
491
00:27:54,120 --> 00:27:56,600
- Petra. Can we talk?
- Yeah.
492
00:27:56,680 --> 00:27:58,120
Mm. What is it?
493
00:27:59,560 --> 00:28:01,880
- Warner wants to meet with us.
- Okay.
494
00:28:01,960 --> 00:28:05,160
[indistinct chatter]
495
00:28:07,200 --> 00:28:10,200
- I'm sorry, but I have to go.
- What? We haven't finished lunch...
496
00:28:10,280 --> 00:28:11,320
Yeah, I know.
497
00:28:11,400 --> 00:28:16,120
And I have an appointment that I,
that I completely forgot about and...
498
00:28:16,200 --> 00:28:18,000
- Alright.
- I'm totally sorry, but...
499
00:28:18,080 --> 00:28:21,240
- I'll clean up.
- Hey, thanks a lot for the sushi.
500
00:28:21,320 --> 00:28:23,800
Okay, it was too short this time
but see you again soon.
501
00:28:23,880 --> 00:28:26,800
- Don't forget what I told you. I mean it.
- I won't.
502
00:28:26,880 --> 00:28:28,160
- Petra.
- Yeah?
503
00:28:28,240 --> 00:28:30,000
- Check this out.
- What's this?
504
00:28:30,080 --> 00:28:31,736
Something Andreas
and I have been working on.
505
00:28:31,760 --> 00:28:32,760
And what is it?
506
00:28:33,160 --> 00:28:34,760
User statistics.
507
00:28:36,800 --> 00:28:38,640
- Can I take this with me?
- Hmm mh.
508
00:28:38,720 --> 00:28:40,800
Thank you. See you later.
509
00:28:40,880 --> 00:28:44,560
[indistinct chatter]
510
00:28:46,440 --> 00:28:50,240
[elevator door opens]
511
00:28:55,880 --> 00:28:57,440
What the fuck?
512
00:29:00,720 --> 00:29:02,600
Daniel, what are you doing here?
513
00:29:02,680 --> 00:29:05,760
- Thought I'd join the meeting.
- Didn't we agree on this?
514
00:29:05,840 --> 00:29:08,280
I won't say a word, I promise.
You do the talking.
515
00:29:08,360 --> 00:29:09,360
Okay.
516
00:29:09,440 --> 00:29:10,600
[door clicks]
517
00:29:14,640 --> 00:29:15,920
Daniel!
518
00:29:16,000 --> 00:29:19,280
We have an opening with Warner now!
We don't have time to wait, Daniel.
519
00:29:19,360 --> 00:29:21,640
A paywall? A fucking paywall?
520
00:29:21,720 --> 00:29:25,320
Well we needed to come up with something
new, and they listened, didn't they?
521
00:29:26,800 --> 00:29:31,760
I swear, for as long as I live, not a
single song will be behind a paywall.
522
00:29:31,840 --> 00:29:33,640
Come on Daniel!
523
00:29:36,320 --> 00:29:38,200
Daniel, you have to give them something.
524
00:29:38,280 --> 00:29:42,320
You can't just take all the songs
and then give nothing back.
525
00:29:42,400 --> 00:29:46,120
[footsteps]
526
00:29:48,880 --> 00:29:52,280
[indistinct chatter]
527
00:29:52,360 --> 00:29:53,360
Hi.
528
00:29:54,520 --> 00:29:55,680
[indistinct chatter]
529
00:29:56,960 --> 00:29:58,080
[Martin] What happened?
530
00:29:59,840 --> 00:30:02,280
[Martin] Okay so, what's going on?
531
00:30:02,360 --> 00:30:05,360
[Daniel] Remember that meeting I
wasn't supposed to be at,
532
00:30:05,440 --> 00:30:08,160
[Daniel] Petra has told all the
record companies that she should have
533
00:30:08,240 --> 00:30:09,680
this fucking paywall service.
534
00:30:10,240 --> 00:30:11,896
[Daniel] She undermines
me at these meetings
535
00:30:11,920 --> 00:30:13,440
[Daniel] and so do you!
536
00:30:13,520 --> 00:30:15,560
[Daniel] You're trying to sell a product...
537
00:30:15,640 --> 00:30:18,040
Andreas. Do you have a moment?
538
00:30:18,120 --> 00:30:20,160
- [Andreas] What's up?
- Uhm...
539
00:30:20,240 --> 00:30:22,480
Why don't you come with me
to Daniel's office.
540
00:30:22,560 --> 00:30:25,200
- Bring your laptop.
- Okay.
541
00:30:27,200 --> 00:30:28,480
Why?
542
00:30:28,560 --> 00:30:32,440
I wanted to show them that thing
you and Ludvig have been working on.
543
00:30:32,520 --> 00:30:33,600
Which thing?
544
00:30:33,680 --> 00:30:35,840
The user statistics.
545
00:30:35,920 --> 00:30:38,520
Uhm... [clears throat]
546
00:30:38,600 --> 00:30:40,600
[Andreas] These are our user statistics.
547
00:30:40,680 --> 00:30:43,880
On the left, you can see an artist's
stats, data from yesterday.
548
00:30:43,960 --> 00:30:45,720
And on the right is the data for today.
549
00:30:45,800 --> 00:30:50,040
You can see live how a song is trending
and what songs people prefer,
550
00:30:50,120 --> 00:30:52,760
and how we can help them find
what they're looking for.
551
00:30:52,840 --> 00:30:57,200
It's a functionality I thought would take
a while to implement, but it was quick.
552
00:30:58,040 --> 00:31:02,120
This gives record companies a
whole new insight into their own market.
553
00:31:02,200 --> 00:31:04,720
Do you realize how powerful
that is in negotiations?
554
00:31:04,800 --> 00:31:06,680
[Daniel] This feature is for the users.
555
00:31:07,280 --> 00:31:08,120
And the artists.
556
00:31:08,200 --> 00:31:09,696
- Look, Daniel...
- Spotify belongs to them.
557
00:31:09,720 --> 00:31:12,760
Well the problem is, it's not the
users and the artists who own the music.
558
00:31:12,840 --> 00:31:18,160
I will not give this data to the record
companies and I will not accept a paywall!
559
00:31:18,240 --> 00:31:20,640
Paywall? No, that doesn't work.
560
00:31:20,720 --> 00:31:22,696
We won't get
a single user from Pirate Bay to our side.
561
00:31:22,720 --> 00:31:26,880
Okay well, how the hell were you
planning on paying the musicians?
562
00:31:26,960 --> 00:31:29,600
If people are willing to
pay for beer and candy,
563
00:31:29,680 --> 00:31:31,440
they can be willing to pay for music.
564
00:31:31,520 --> 00:31:36,240
I'm absolutely convinced that you'd want
to pay for something better than piracy.
565
00:31:36,320 --> 00:31:40,760
If people were as willing to pay for music
like beer and candy, they'd do it. Then...
566
00:31:40,840 --> 00:31:43,080
we won't be here.
And frankly Petra, I don't
567
00:31:43,160 --> 00:31:44,040
think that you get the point.
568
00:31:44,120 --> 00:31:47,120
We're a tech company, we don't
want to be the music industry.
569
00:31:47,200 --> 00:31:49,800
I'm not interested in
giving them a fucking thing!
570
00:31:49,880 --> 00:31:52,120
What I want is their
product on our platform.
571
00:31:52,200 --> 00:31:53,080
That's it!
572
00:31:53,160 --> 00:31:56,720
You are in the music industry,
you have been since you
573
00:31:56,800 --> 00:32:00,440
came up with the whole idea of Spotify. If
you can't see that, then I'm sorry to say
574
00:32:00,520 --> 00:32:02,440
I think you're in the
wrong fucking industry!
575
00:32:02,520 --> 00:32:07,200
It's not a part of Spotify's vision to
work for the record labels, is it?
576
00:32:07,280 --> 00:32:09,640
[Martin]
It's not part of your vision, Daniel.
577
00:32:09,720 --> 00:32:11,320
[tense music]
578
00:32:11,400 --> 00:32:13,880
There are a lot of people
working to make this happen.
579
00:32:14,480 --> 00:32:16,840
And they've put an incredible
amount of effort into Spotify.
580
00:32:18,280 --> 00:32:21,320
If it takes a little
compromise to make this happen,
581
00:32:21,400 --> 00:32:23,120
then that's what we have to do, right?
582
00:32:24,840 --> 00:32:27,160
I will handle all the negotiations
from now on.
583
00:32:27,760 --> 00:32:31,080
[tense music]
584
00:32:41,920 --> 00:32:42,920
Okay.
585
00:32:45,480 --> 00:32:50,240
Well then in that case, I guess I don't
have much more to add. And, I guess...
586
00:32:52,240 --> 00:32:56,280
I jumped on board because I thought
we were building something long-term.
587
00:32:57,840 --> 00:33:00,400
Because I thought it was fun,
because I really thought that this,
588
00:33:00,480 --> 00:33:03,000
this was something really good.
589
00:33:03,080 --> 00:33:08,560
That it was smart, that it was intuitive.
But if you refuse to listen, then...
590
00:33:08,640 --> 00:33:11,520
Then I don't even know what I'm
doing here. Sorry, but I'm done.
591
00:33:11,600 --> 00:33:14,600
No, we are listening. Right, Daniel?
592
00:33:15,560 --> 00:33:16,560
Daniel!
593
00:33:17,080 --> 00:33:21,600
[tense music]
594
00:33:23,640 --> 00:33:27,560
[Petra] I'll send you the agreements
and files I started later.
595
00:33:27,640 --> 00:33:30,400
- [Martin] Petra, you have a contract...
- Come on, please Martin.
596
00:33:30,480 --> 00:33:32,760
You can't even pay my salary.
597
00:33:34,080 --> 00:33:36,000
[indistinct chatter]
598
00:33:38,800 --> 00:33:42,080
[soft music]
599
00:33:59,400 --> 00:34:05,720
♪ Save me ♪
600
00:34:05,800 --> 00:34:08,880
♪ Somebody save me ♪
601
00:34:10,640 --> 00:34:15,040
♪ Save me, somebody save me ♪
602
00:34:17,400 --> 00:34:22,120
♪ I promised myself
After the last romance ♪
603
00:34:22,199 --> 00:34:25,360
♪ That I won't give it a second chance ♪
604
00:34:25,440 --> 00:34:31,280
♪ They said you seek, you're sure to
Find and I know how true that is ♪
605
00:34:31,360 --> 00:34:36,080
♪ Cos the closer I get to you baby ♪
606
00:34:36,159 --> 00:34:39,880
♪ You're driving me clean out of my mind ♪
607
00:34:39,960 --> 00:34:43,639
♪ I say save me ♪
608
00:34:43,719 --> 00:34:47,480
♪ Somebody, save me ♪
609
00:34:47,560 --> 00:34:51,360
♪ Anybody save me ♪
610
00:34:51,440 --> 00:34:55,080
♪ Somebody save me ♪
611
00:34:55,159 --> 00:35:00,280
♪ Those who love always give the most ♪
612
00:35:00,360 --> 00:35:01,239
[Petra] Carl.
613
00:35:01,320 --> 00:35:04,520
♪ Together from coast to coast ♪
614
00:35:04,600 --> 00:35:07,800
♪ Love makes me cold and hurt inside ♪
615
00:35:07,880 --> 00:35:08,920
Hi, Linda.
616
00:35:09,000 --> 00:35:13,200
♪ These tears of ours are justified
Begging ya to save me ♪
617
00:35:23,960 --> 00:35:25,760
- Welcome Petra.
- Thank you.
618
00:35:26,600 --> 00:35:29,640
A lot of us here at the office
are happy to see you again.
619
00:35:30,840 --> 00:35:31,840
That's nice to hear.
620
00:35:32,840 --> 00:35:35,200
This little excursion you went on
621
00:35:35,280 --> 00:35:38,760
shows in itself that you
have initiative and flexibility.
622
00:35:38,840 --> 00:35:42,920
And that... that can be good.
623
00:35:43,000 --> 00:35:47,280
But at the same time, it was good
you realized your mistake, Petra.
624
00:35:47,360 --> 00:35:52,240
Those startups, they rarely succeed.
625
00:35:52,320 --> 00:35:56,920
So, having said that,
here's the plan I have for you.
626
00:35:57,000 --> 00:36:01,360
You're going to take over
the Corporate Commercial group
627
00:36:01,440 --> 00:36:04,600
and Aven and her group
are going to work under you.
628
00:36:04,680 --> 00:36:08,520
And, of course,
you will also be entitled to
629
00:36:08,600 --> 00:36:12,240
the annual bonus as a full senior partner.
630
00:36:12,840 --> 00:36:15,680
- Senior?
- Yeah. You're worth it, Petra.
631
00:36:20,880 --> 00:36:22,280
- Can I think about it?
- No.
632
00:36:22,360 --> 00:36:26,240
You may not do that.
You're not gonna fuck me over twice.
633
00:36:27,120 --> 00:36:29,680
If you're not here after
the board meeting, well...
634
00:36:29,760 --> 00:36:32,160
I really hope you understand
the gravity of this.
635
00:36:34,120 --> 00:36:37,600
- I'll see you at the meeting tomorrow.
- You will? Good.
636
00:36:38,640 --> 00:36:39,560
- Thanks.
- Bye.
637
00:36:39,640 --> 00:36:43,280
[footsteps]
638
00:37:01,640 --> 00:37:02,640
Thanks.
639
00:37:03,440 --> 00:37:05,240
- Cheers!
- Cheers!
640
00:37:07,200 --> 00:37:08,640
Hmm.
641
00:37:08,720 --> 00:37:11,360
Ew, what the hell is this, Niklas?
642
00:37:11,440 --> 00:37:14,720
This is a very unusual Belgian beer.
643
00:37:14,800 --> 00:37:19,800
That some monks brewed in a
monastery with a very secret recipe.
644
00:37:19,880 --> 00:37:21,520
- Yeah, okay.
- [Niklas laughs]
645
00:37:22,120 --> 00:37:26,320
You've only come here to get me drunk
and then persuade me to come back.
646
00:37:26,920 --> 00:37:29,240
Admit it. That's what this is.
647
00:37:29,320 --> 00:37:34,720
No. I'm a good enough negotiator to
know I can't talk you into coming back.
648
00:37:34,800 --> 00:37:36,680
[laughs]
649
00:37:36,760 --> 00:37:41,120
And I also know that Daniel can be
a really stubborn bastard.
650
00:37:41,200 --> 00:37:44,600
But, I know he'll come around.
651
00:37:45,440 --> 00:37:46,720
He just needs some time.
652
00:37:46,800 --> 00:37:48,040
We don't have time.
653
00:37:48,120 --> 00:37:51,200
And he knows that, he does. Jesus, Petra.
654
00:37:51,280 --> 00:37:54,120
He knows exactly what kind of mess
we're in. Huh?
655
00:37:54,200 --> 00:37:57,560
That's why we need you.
656
00:37:57,640 --> 00:38:01,520
Or... I need you. I can't do this by myself.
657
00:38:01,600 --> 00:38:03,040
I think it's crazy out there.
658
00:38:05,240 --> 00:38:08,960
But I'm positive that there must be a
right way to do this, Niklas.
659
00:38:09,040 --> 00:38:11,160
I mean on the one hand,
660
00:38:11,240 --> 00:38:13,840
there's Daniel with
his wild west fantasies
661
00:38:13,920 --> 00:38:17,840
where he'll screw every musician and
probably go bankrupt within six months.
662
00:38:18,440 --> 00:38:22,720
And on the other hand, the record
companies want to control everything
663
00:38:22,800 --> 00:38:26,640
and stop every new idea
regarding music consumption in the future.
664
00:38:26,720 --> 00:38:29,440
The whole world is
inevitably going digital.
665
00:38:29,520 --> 00:38:33,200
And pretty soon, all music
will end up on these platforms.
666
00:38:33,280 --> 00:38:34,920
That I'm sure of it.
667
00:38:35,000 --> 00:38:37,760
[indistinct chatter]
668
00:38:37,840 --> 00:38:40,040
There has to be a
way to launch this platform.
669
00:38:43,400 --> 00:38:45,920
It's just so frustrating
that I can't think of it.
670
00:38:51,480 --> 00:38:52,480
Thanks.
671
00:38:56,480 --> 00:38:59,440
[footsteps]
672
00:38:59,520 --> 00:39:02,200
Hmm... Great.
673
00:39:02,280 --> 00:39:05,520
- Good morning, sorry I'm late.
- Would you mind shutting the door?
674
00:39:05,600 --> 00:39:08,440
- Yep.
- Yeah, uhm...
675
00:39:08,520 --> 00:39:09,800
Oh gosh, I'm sorry!
676
00:39:12,160 --> 00:39:15,840
Go ahead and sit down.
Welcome everyone now to our
677
00:39:15,920 --> 00:39:21,160
ninth board meeting. Specifically special
welcome to you, Petra Hansson, who...
678
00:39:21,240 --> 00:39:24,000
Oh fuck! Sorry!
679
00:39:24,080 --> 00:39:28,800
Excuse me... I inherited
this from my grandmother and,
680
00:39:28,880 --> 00:39:32,360
well, it's... She's dead, so...
I care about it, thank you very much?
681
00:39:34,120 --> 00:39:37,000
Thank you. I'm sorry.
682
00:39:39,200 --> 00:39:41,080
Petra, can we keep going?
683
00:39:41,160 --> 00:39:44,800
Absolutely. I apologize,
I'm so sorry. It just...
684
00:39:46,080 --> 00:39:50,200
[boss] Okay. As you can see here,
685
00:39:50,280 --> 00:39:54,720
we have a lot to discuss, more than we
have time to devote to the meeting,
686
00:39:54,800 --> 00:39:58,320
this morning. So, let's
start with point number one...
687
00:40:05,720 --> 00:40:08,920
- Excuse me!
- [boss] Petra!
688
00:40:09,000 --> 00:40:11,960
[footsteps]
689
00:40:13,880 --> 00:40:17,440
Hi! Hey! Niklas. Come with me.
690
00:40:17,520 --> 00:40:19,320
What the hell?
691
00:40:19,400 --> 00:40:21,440
- Hi. Come with me to Daniel's office.
- What's up?
692
00:40:21,520 --> 00:40:23,160
[Martin] Absolutely.
693
00:40:24,880 --> 00:40:27,760
[Daniel] Other companies take
some time to make the money...
694
00:40:27,840 --> 00:40:28,856
- [Sophia] Petra? Hi.
- [Daniel] Petra?
695
00:40:28,880 --> 00:40:32,840
- Hi. Sorry to interrupt your meeting.
- What are you doing here?
696
00:40:32,920 --> 00:40:37,800
I just... I'd like to present something.
Here, Daniel, you take this.
697
00:40:37,880 --> 00:40:38,720
What is it?
698
00:40:38,800 --> 00:40:42,680
You will basically just start making your
own necklace. Come on, go ahead.
699
00:40:42,760 --> 00:40:45,880
- Petra, seriously?
- Yes! Here you go, guys... So, uh...
700
00:40:45,960 --> 00:40:47,576
Please, we don't have
time for this, I just...
701
00:40:47,600 --> 00:40:50,280
This here, is an album.
702
00:40:50,360 --> 00:40:51,680
This is also an album.
703
00:40:51,760 --> 00:40:55,120
And every bead is a song or a stream.
704
00:40:55,200 --> 00:40:58,720
But maybe I don't want
a monochrome necklace.
705
00:40:58,800 --> 00:41:01,120
I'll just keep one bead from there,
706
00:41:01,200 --> 00:41:04,760
and then maybe I'll
take one bead from here,
707
00:41:04,840 --> 00:41:09,720
then maybe I'll take one from here,
then I'll take the yellow one there...
708
00:41:09,800 --> 00:41:11,240
Then maybe I'll take...
709
00:41:11,320 --> 00:41:14,640
- No, that's depressing, I won't take that.
- [Martin laughs]
710
00:41:14,720 --> 00:41:18,520
This one puts me in a good mood.
It just makes me feel like this...
711
00:41:18,600 --> 00:41:20,560
- Alive now!
- [Martin laughs]
712
00:41:20,640 --> 00:41:22,656
- What's the point of all this?
- I'm coming to that.
713
00:41:22,680 --> 00:41:23,800
All these beads can be used
714
00:41:23,880 --> 00:41:27,000
as many times
as you like for different necklaces.
715
00:41:27,600 --> 00:41:29,096
- [Sophia chuckles]
- Oh my God, Sophia! Wow!
716
00:41:29,120 --> 00:41:31,840
Look at this playlist we have right here,
717
00:41:31,920 --> 00:41:37,560
made from great songs that were previously
only available in separate albums.
718
00:41:37,640 --> 00:41:40,720
- I don't get this, playlists aren't new.
- No, they aren't.
719
00:41:41,320 --> 00:41:44,040
- Unfortunately, I'm going to cut this one.
- No! You're not!
720
00:41:44,120 --> 00:41:45,360
Why not?
721
00:41:45,440 --> 00:41:47,560
- Because it's mine.
- You want to keep it?
722
00:41:47,640 --> 00:41:49,440
- Yes.
- Why though?
723
00:41:49,520 --> 00:41:52,160
Because it's nice,
because it's mine, because I made it.
724
00:41:52,240 --> 00:41:55,680
Ah ha! You want to keep it because you
made it? Because it's yours?
725
00:41:55,760 --> 00:41:59,200
Because it might even feel a bit unique
and special and even personal?
726
00:41:59,280 --> 00:42:05,480
This here is a playlist
that a user has spent hours creating.
727
00:42:05,560 --> 00:42:11,720
That user who spent hours on it will
pay to keep this one and create new ones.
728
00:42:11,800 --> 00:42:12,840
- Seriously?
- Yes.
729
00:42:12,920 --> 00:42:15,520
You came here to say that
Spotify should be a paid service, again?
730
00:42:15,600 --> 00:42:18,600
No, Daniel. Spotify is free.
731
00:42:18,680 --> 00:42:22,080
But what we charge for is Spotify Premium.
732
00:42:22,160 --> 00:42:23,680
- Premium?
- Yes.
733
00:42:23,760 --> 00:42:26,360
You've been right all along,
Spotify should be free.
734
00:42:26,440 --> 00:42:29,640
We should give our users
access to the full catalog,
735
00:42:29,720 --> 00:42:32,080
otherwise, we'll lose them
to the pirates and we
736
00:42:32,160 --> 00:42:34,880
we don't want that, we
want to keep our users, right?
737
00:42:34,960 --> 00:42:40,640
But that doesn't stop us from
being able to charge for certain elements.
738
00:42:41,640 --> 00:42:44,600
You should get paid for the fantastic work
739
00:42:44,680 --> 00:42:47,480
You all do here daily.
You, and you, and you,
740
00:42:47,560 --> 00:42:50,600
what you're doing here,
we're going to charge for that.
741
00:42:50,680 --> 00:42:55,160
The music won't be put behind a paywall,
but some parts of the technology will be.
742
00:42:55,240 --> 00:42:57,920
[Niklas] Yeah, that's fucking great.
743
00:42:58,000 --> 00:43:01,200
So we keep a free membership level
to attract new users.
744
00:43:01,280 --> 00:43:04,880
Exactly, Niklas!
That's exactly how we should be thinking.
745
00:43:04,960 --> 00:43:09,160
You haven't paid for it yet.
Let's create a hybrid.
746
00:43:09,240 --> 00:43:13,600
We're give the same freedom
as the pirates, so access for all,
747
00:43:13,680 --> 00:43:19,240
but then, we're use Andreas and Ludvig's
brilliant technology to sharpen
748
00:43:19,320 --> 00:43:21,680
the benefits of the Premium service,
749
00:43:21,760 --> 00:43:24,240
so that eventually,
everyone will want to pay for it.
750
00:43:24,320 --> 00:43:28,320
Our end game will be to get
as many people as possible
751
00:43:28,400 --> 00:43:30,240
over to the paying subscription.
752
00:43:30,840 --> 00:43:35,240
I might come back if... we're doing this.
753
00:43:35,320 --> 00:43:37,296
This is taking the business
in a fucking dangerous direction.
754
00:43:37,320 --> 00:43:38,160
Oh Jesus, come on!
755
00:43:38,240 --> 00:43:40,960
[Petra] No, it isn't, Andreas,
this gives us a business.
756
00:43:41,040 --> 00:43:42,280
[Sophia] I'd pay for that.
757
00:43:42,360 --> 00:43:45,000
- [Niklas] Yeah, me too.
- We don't need to compromise.
758
00:43:45,080 --> 00:43:49,280
To do business, you have to be able
to negotiate with your suppliers.
759
00:43:49,360 --> 00:43:54,040
Exactly! And you also need a
sustainable business model and here,
760
00:43:54,120 --> 00:43:55,600
here you have one.
761
00:43:55,680 --> 00:43:58,200
The dream was not to take
everything that is good
762
00:43:58,280 --> 00:44:00,440
and lock it up and then charge for it.
763
00:44:02,120 --> 00:44:05,880
Daniel, Petra is right. It's now or never.
764
00:44:06,920 --> 00:44:09,120
- You would have paid for this?
- Absolutely.
765
00:44:12,280 --> 00:44:14,720
[laughs]
766
00:44:17,120 --> 00:44:19,120
- Alright, let's go! Welcome back!
- [laughs]
767
00:44:19,200 --> 00:44:20,200
[upbeat music]
768
00:44:21,200 --> 00:44:26,000
[upbeat music]
769
00:44:27,160 --> 00:44:29,720
♪ Sometimes it's gonna be days like this ♪
770
00:44:29,800 --> 00:44:32,120
♪ Sometimes it's gonna be rain like this ♪
771
00:44:32,200 --> 00:44:34,560
♪ Sometimes you're
Gonna feel pain like this ♪
772
00:44:34,640 --> 00:44:37,560
♪ Sometimes you gotta work hard for it ♪
773
00:44:37,640 --> 00:44:42,200
♪ 'Cause when you feeling low
And you can't get no lower ♪
774
00:44:42,280 --> 00:44:47,080
♪ That's when you know you're close
Sometimes you gotta work hard for it ♪
775
00:44:48,400 --> 00:44:50,040
Hello, hi.
776
00:44:50,120 --> 00:44:51,440
Oh, hi.
777
00:44:52,160 --> 00:44:55,120
This is our new lawyer, Tom Herluison.
778
00:44:55,200 --> 00:44:57,680
MD for Smith and Ardehn.
779
00:44:57,760 --> 00:44:59,320
- Yeah, we know each other.
- Oh you do?
780
00:44:59,400 --> 00:45:01,720
Yeah. What happened to Ken Parks?
781
00:45:02,520 --> 00:45:06,360
He's in New York,
he works as a free agent now.
782
00:45:06,440 --> 00:45:09,040
- Okay.
- So...
783
00:45:09,120 --> 00:45:10,640
Okay, shall we start?
784
00:45:10,720 --> 00:45:12,080
Yeah, let's start!
785
00:45:16,600 --> 00:45:18,160
It's good to see you all!
786
00:45:18,240 --> 00:45:20,760
And since our last meeting we've started
787
00:45:20,840 --> 00:45:22,720
- or created a new...
- The answer is no.
788
00:45:22,800 --> 00:45:23,800
Sorry?
789
00:45:23,880 --> 00:45:28,320
I looked through your paperwork,
and your offer is still not good enough.
790
00:45:28,400 --> 00:45:29,720
The answer is no.
791
00:45:31,960 --> 00:45:33,200
Oh...
792
00:45:48,320 --> 00:45:51,120
[tense music]
793
00:45:54,320 --> 00:45:55,400
[Petra] "No"?
794
00:45:56,480 --> 00:45:59,760
These negotiations have been in the works
for over two years, close to an agreement
795
00:46:00,600 --> 00:46:02,640
and then, suddenly, "no"?
796
00:46:02,720 --> 00:46:04,320
What the hell was that about?
797
00:46:05,920 --> 00:46:08,320
Did they simply want to destroy
every startup?
798
00:46:09,320 --> 00:46:14,280
If Spotify ever was to see the light
of day, I'd have to take a risk.
799
00:46:14,360 --> 00:46:16,920
I needed to find someone on the inside.
800
00:46:17,000 --> 00:46:19,880
who understood the big picture.
801
00:46:19,960 --> 00:46:21,480
An attack dog.
802
00:46:22,960 --> 00:46:24,760
[whirring sound]
803
00:46:24,840 --> 00:46:30,000
[siren blaring]
804
00:46:46,760 --> 00:46:48,280
[buzzing sound]
805
00:46:50,520 --> 00:46:52,000
[door clicks]
806
00:46:56,240 --> 00:47:00,000
The problem is your guy made Spotify
so good and they want a piece of it.
807
00:47:01,120 --> 00:47:02,160
A big one.
808
00:47:03,280 --> 00:47:05,960
They want to own a part of Spotify?
809
00:47:06,040 --> 00:47:07,480
How much?
810
00:47:08,560 --> 00:47:11,880
50%. Or you don't get the rights.
811
00:47:13,160 --> 00:47:15,800
They think you're
desperate enough to agree.
812
00:47:15,880 --> 00:47:19,880
Well, Daniel will never give away
50% of his business.
813
00:47:22,800 --> 00:47:24,520
What's the time in Stockholm now?
814
00:47:26,080 --> 00:47:27,440
I don't know, why?
815
00:47:27,520 --> 00:47:28,560
We'll call him.
816
00:47:29,920 --> 00:47:33,400
If Daniel opens the door,
maybe they'll do the same.
817
00:47:34,560 --> 00:47:37,280
And... with your help...
818
00:47:38,600 --> 00:47:39,600
If you and I team up.
819
00:47:40,760 --> 00:47:43,280
[mid-tempo music]
820
00:47:44,880 --> 00:47:49,080
I think it's six in the morning.
And he'll be up for sure.
821
00:47:50,880 --> 00:47:51,880
Go ahead, call him.
822
00:47:54,120 --> 00:47:56,680
- Some more champagne?
- Yeah, why not?
823
00:47:56,760 --> 00:48:00,440
[mid-tempo music]
824
00:48:03,200 --> 00:48:04,640
[beeping tones]
825
00:48:08,960 --> 00:48:11,400
[dialing tone]
826
00:48:11,480 --> 00:48:14,240
- [Daniel] Daniel.
- Hi, Daniel. It's Petra.
827
00:48:14,320 --> 00:48:19,280
I'm in New York with Ken
and you're on speaker.
828
00:48:19,360 --> 00:48:21,480
Hey Daniel! Everything okay?
829
00:48:22,160 --> 00:48:24,200
Yep, thanks. I'm fine.
830
00:48:24,280 --> 00:48:25,320
Good to know.
831
00:48:25,400 --> 00:48:27,080
They want 50%.
832
00:48:28,840 --> 00:48:30,000
Forget it.
833
00:48:32,400 --> 00:48:35,440
Daniel, listen to me.
So, if we have Ken on our side,
834
00:48:35,520 --> 00:48:39,720
we will be able to negotiate and
get it down to a ten or fifteen percent.
835
00:48:39,800 --> 00:48:42,240
We'll have
completely different conditions.
836
00:48:42,320 --> 00:48:46,360
That's still too much. I can't give them
a part of what I built. I can't do that.
837
00:48:47,600 --> 00:48:48,920
[Ken] You know,
838
00:48:49,000 --> 00:48:52,400
my grandfather was a farmer,
in Southern California.
839
00:48:54,000 --> 00:48:56,720
Wheat. Only wheat.
He was kinda old school.
840
00:48:56,800 --> 00:48:58,240
He thought he was pretty smart, so
841
00:48:58,320 --> 00:49:01,800
when a couple of Mexican guys
came and asked to buy a piece of land...
842
00:49:03,120 --> 00:49:06,600
He charged them a fortune for it,
thought he ripped them off real good.
843
00:49:07,800 --> 00:49:09,880
These guys worked hard,
844
00:49:09,960 --> 00:49:13,720
they planted apricots, almonds, oranges...
845
00:49:14,680 --> 00:49:17,440
My grandfather just had fields of wheat.
846
00:49:17,520 --> 00:49:21,720
By harvest time,
these Mexicans had enough money
847
00:49:21,800 --> 00:49:24,320
to buy another little
parcel of land off him.
848
00:49:24,400 --> 00:49:26,600
And then another. And another.
849
00:49:27,400 --> 00:49:31,400
Now there's a Mexican family
living in my grandfather's house.
850
00:49:31,480 --> 00:49:34,000
He died flat on his ass in San Diego.
851
00:49:35,120 --> 00:49:37,920
Last time I checked
I wasn't a Mexican or a farmer.
852
00:49:38,800 --> 00:49:42,320
The point is they don't control
the tech, we do,
853
00:49:42,400 --> 00:49:46,440
and once they open the door to us
they can't close it, and we're in, Daniel.
854
00:49:47,320 --> 00:49:50,080
Even if it costs us 15% of Spotify?
855
00:49:50,160 --> 00:49:52,200
They're making you
a part of the system, Daniel.
856
00:49:52,280 --> 00:49:54,520
Once they do that,
you can't fail. They won't let you.
857
00:49:55,120 --> 00:49:56,600
It's against their interest.
858
00:50:09,040 --> 00:50:10,520
Max 15%.
859
00:50:11,720 --> 00:50:15,400
[upbeat music]
860
00:50:17,640 --> 00:50:21,320
[Petra] Two weeks later, Ken joined
Spotify and became a member of our team.
861
00:50:21,400 --> 00:50:24,640
Daniel of course, needed to offer him
a piece of the company.
862
00:50:25,320 --> 00:50:29,040
Ken knew every record label boss
from LA to Ulan Bator.
863
00:50:29,760 --> 00:50:32,320
He knew their strengths and weaknesses.
864
00:50:32,400 --> 00:50:36,520
Their strategies, their tricks,
and even their bank balance.
865
00:50:37,480 --> 00:50:42,880
By the time we launched, every one of them
had signed an agreement with Spotify.
866
00:50:42,960 --> 00:50:45,560
[upbeat music]
867
00:50:47,280 --> 00:50:49,600
[upbeat music]
868
00:50:49,680 --> 00:50:51,840
[crowd partying]
869
00:50:51,920 --> 00:50:53,960
They're finally here!
870
00:50:54,880 --> 00:50:56,960
Free drinks for everyone!
871
00:50:58,400 --> 00:50:59,680
[Petra] Thank you.
872
00:50:59,760 --> 00:51:01,840
[Niklas] Nice work, Petra!
873
00:51:01,920 --> 00:51:04,000
Thank you Niklas, you're here.
874
00:51:04,760 --> 00:51:06,640
- [Daniel] Hey.
- [Niklas] I'm gonna say hi to Ken.
875
00:51:06,960 --> 00:51:07,960
You did a great job.
876
00:51:09,720 --> 00:51:10,760
Thank you.
877
00:51:11,520 --> 00:51:12,640
- Hi!
- Hi!
878
00:51:12,720 --> 00:51:16,840
I just wanted to say I'm really impressed
with everything you've put together.
879
00:51:16,920 --> 00:51:19,080
- Thanks. Thanks a lot.
- Yeah.
880
00:51:19,160 --> 00:51:22,400
[upbeat music]
881
00:51:23,520 --> 00:51:27,680
- Hi, hello. I'll have a gin and tonic.
- A gin and tonic.
882
00:51:28,520 --> 00:51:29,560
[Andreas] You ruined it.
883
00:51:31,120 --> 00:51:32,360
I'm sorry, what did you say?
884
00:51:32,440 --> 00:51:35,480
You ruined it. Spotify was
supposed to be something new.
885
00:51:35,560 --> 00:51:37,040
Spotify is something new.
886
00:51:37,120 --> 00:51:39,976
Not since you sold it out to the
record companies. That wasn't our vision.
887
00:51:40,000 --> 00:51:43,400
If we hadn't secured the licenses, we'd
never have been able to launched today.
888
00:51:43,480 --> 00:51:45,320
- You know that.
- It was entirely unique,
889
00:51:45,400 --> 00:51:48,000
something beautiful, and you destroyed it.
890
00:51:48,960 --> 00:51:51,320
You think we can
talk about this another time?
891
00:51:51,400 --> 00:51:53,520
I'd be happy to have this
conversation, but not today.
892
00:51:55,400 --> 00:51:58,920
You don't give a shit, do you? Right?
893
00:52:00,280 --> 00:52:04,480
No, actually I do. I just think that
you and I look at things very differently.
894
00:52:04,560 --> 00:52:06,720
We do. The others buy your
895
00:52:06,800 --> 00:52:09,320
"I'm a lawyer, I'm always right"
thing, but I don't.
896
00:52:11,120 --> 00:52:12,560
- Here you go.
- Thanks!
897
00:52:12,640 --> 00:52:15,800
[upbeat music]
898
00:52:23,760 --> 00:52:27,680
[upbeat music]
899
00:52:42,240 --> 00:52:45,920
[Petra] Ever since I made those
deals, I've heard it a thousand times,
900
00:52:46,640 --> 00:52:49,960
"Spotify is bad.
Spotify is ripping off the artists.
901
00:52:50,640 --> 00:52:53,400
Spotify doesn't appreciate
the value of music."
902
00:52:53,480 --> 00:52:58,760
But I was there. I saw the deals that on
the table. So what you really should ask,
903
00:53:00,200 --> 00:53:02,960
is how the hell would
things have turned out without me?
904
00:53:03,040 --> 00:53:04,880
[crowd partying]
905
00:53:07,280 --> 00:53:10,720
I hate that bullshit
story Petra just told. Hate it.
906
00:53:10,800 --> 00:53:14,400
And besides, that's not how it happened.
907
00:53:14,480 --> 00:53:18,960
[closing music]
908
00:54:16,120 --> 00:54:21,080
[closing music]
909
00:55:02,040 --> 00:55:05,400
Subtitle translation by: Adefoluke Adebayo
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