Sean Parker on Spotify: "We've Got You by the Balls"

October 22 2010, 11:53am

October 22, 2010 -- Sean Parker, Napster co-creator and real-life inspiration for Justin Timberlake's character in The Social Network, revealed the business strategy of his returning act Spotify at The Daily Beast's Innovators Summit. "The ultimate answer is you have to accept that the war on piracy is a failure," he said.