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Utter, utter garbage. Please do not waste your time reading this. > Spotify’s founder, Daniel Ek, made his initial fortune. At 23, he was the CEO of uTorrent,
by guitarbill 9y ago
Utter, utter garbage. Please do not waste your time reading this.
> Spotify’s founder, Daniel Ek, made his initial fortune. At 23, he was the CEO of uTorrent, a pirate platform that became BitTorrent (arguably the largest rights-infringing platform in the world). He and their developers then used identical rights-infringing software in order to build his new golden goose: Spotify.
This is misleading, as BitTorrent Inc purchased uTorrent in 2006 to replace their own BitTorrent client. But uTorrent was just one client for this "pirate platform".
> Meanwhile, Spotify pockets 30% of all the revenue they collect––and they don’t make anything.
I suppose he has no issue with labels then?
> Spotify’s in trouble because Spotify doesn’t know what their product is.
> “No no…sorry,” I said, shaking my head in disbelief. “Your product isn’t ‘Spotify.’” He continued to stare at me. I said, “Sir, your product is music.”
What a muppet, going from "Spotify doesn't make anything!" to "Spotify's product is music".
This is especially dumb because it's like saying "supermarkets don't make any food, they just sell it!".
- dan000892 9y ago> Spotify doesn’t make anything... television and film industries aren’t up in arms over Netflix the way music makers are up in arms about Spotify... because Netflix makes stuff. Great stuff... Meanwhile, Spotify pockets 30% of all the revenue they collect––and they don’t make anything. I forgot that Netflix was a charity from its inception in 1997 until its first original content launched in 2013.