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

SONGS

Its projected and expected to grow even more, there is more global market to reach yet. The network effects achieved and the legal fights won by Spotify render the service almost unbeatable on its music niche. 

But not every music is there, not every music will be there. New type of social and legal agreements directly setup between artists and fans will appear.

Artists communities will be the new labels
The update needs to start from the bottom and via critical incentives for artists, Spotify is just the delivery platform and it does that very well.

Working on it at /songs-tools ;)