4 ms·

I don't think it's Spotify that is paying them less, it's consumers. With Spotify, I can listen to hundreds of new songs every month for $10. That would cost a

• elzbardico 5y ago
  Most people bought very few records in the past. FM rádio and cassetes where extremely popular because of that. I think that there is far more today between Spotify and Apple Music than there was between all labels during the CD era
• tgsovlerkhgsel 5y ago
  With Spotify, the music industry is collectively able to extract $120/year from you for your at-home music listening experience. Would they be able to extract more with buying CDs or digital downloads? Or would you spend a similar or smaller amount, and simply consume less?
  • ix101 5y ago
    Zoom out a bit and take a group of friends 20 years ago vs now. A CD would commonly be shared/ripped, unlikely that everyone in the group buys the same record. Nowadays I wouldn't be surprised if sharing music is much less common since the monthly fee is quite low and good value.
    • tgsovlerkhgsel 5y ago
      I think now they can extract $120 in subscription fees, back then they might have been able to extract $120 in each person buying 4 CD's a year for $30. My gut feeling (that might be completely wrong) is that the total value extracted probably stays roughly the same or goes up with an increase in disposable income.