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Record companies and artist were initially also fighting single track purchasing, trying to keep customers to buy albums, fearing the loss of revenue if custome
by ako 6y ago
Record companies and artist were initially also fighting single track purchasing, trying to keep customers to buy albums, fearing the loss of revenue if customers could buy only what they liked, without all the low value fillers.
And they were right to fear it, as spotify revenue streams hardly resemble the revenue streams they had from selling albums.
Selling through spotify is now seen as marketing, bands have to make their money from concerts.
Newspapers and magazines are correct to fear selling per article, it will significantly reduce their revenue, with no real revenue model to make up for it. Newspaper concerts?