Re: Spotify Is Eating the Entire Music Business?

So sorry, heaven't read the whole discussion, but:

One thing I hate about Spotify is when you take a few steps back and look at the bigger picture. Who's paying who? If I oversimplify it for comical purpose, it works something like this:

• A Swiftie listening to Taylor Swift pays Daniel Ek and Taylor Swift.

• A hardcore fan of independent polka-punk-metal fusion band pays Daniel Ek and Taylor Swift.

• Underground deep neurofunk drum and bass fan, searching just for those weird quirky tracks by his DJ friends and who wholeheartedly hates all top40 music pays Daniel Ek and Taylor Swift.

• Your fan listening to your track (with the intention to support you) pays Daniel Ek and Taylor Swift.

• You, when uploading your track so your fan can even find it, pay Daniel Ek and Taylor Swift.

• You, when chcking your own self-released and already paid for release, pay Daniel Ek and Taylor Swift.

Now, by Daniel Ek I mean the whole staff and infrastructure of Spotify and by Taylor Swift I mean all the major record labels and everyone working for them. But you get what I mean. Essentially there's zero pressure for any of the cost to go down, zero pressure for anybody anywhere to be paid less in relation to what artists get from Spotify. No effective competitor on the horizon, Spotify is the default choice. The default distribution channel. It is a monopoly. So my 2 cents? No Spotify is not eating the entire music business. It has already swalloved it like it was nothing.

Statistics: Posted by FarleyCZ — Thu Aug 29, 2024 8:55 am

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