Music

The fact that Spotify took almost 20 years to reach a full year of profit demonstrates that their strategy was always about building market power rather than creating a sustainable ecosystem for all participants

Any genuine concern for musicians would have led them to implement artist equity sharing, adjusted per-stream rates, etc by now

Access to the world's music catalog for ~$12/month has effectively put us all in handcuffs and this leverage will continue to be exploited until we reach a breaking point (if we ever do)

The fact that Spotify took almost 20 years to reach a full year of profit demonstrates that their strategy was always about building market power rather than creating a sustainable ecosystem for all participants

Any genuine concern for musicians would have led them to implement artist equity sharing, adjusted per-stream rates, etc by now

Access to the world's music catalog for ~$12/month has effectively put us all in handcuffs and this leverage will continue to be exploited until we reach a breaking point (if we ever do)

https://www.investopedia.com/spotify-hits-first-full-year-of-profitability-8785456

Deleted my account after reading Filterworld, reading Mood Machine made me happy I had

✍️ adding these to me reading queue 🫡

Would love to hear your opinion once you do!