Big Record Labels Bailing on Spotify for U.S. Launch?

Spotify CEO and co-founder Daniel Ek hit the New Music Seminar in L.A. last week and all but boasted that his streaming music service which carries 7 million users in Europe will launch stateside as early as March.

But in recent days, music industry execs have sounded anything but on-board. Edgar Bronfman, the CEO of publishing behemoth Warner Music Group, told analysts in an Earnings Call yesterday that cloud music services like Spotify aren't the answer for WMG:

"Free streaming services...