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

The music industry is rigged. Artists who understand the game know that in order to gain back any leverage, you must control the reach/distribution to your audience. But that’s easier said than done because the infrastructure is centralized and monopolized