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Spotify buying Findaway (a company that previously licensed audiobooks to many different distributors with varied business models), for example, centralizes the
by plorg 4y ago
Spotify buying Findaway (a company that previously licensed audiobooks to many different distributors with varied business models), for example, centralizes the market in a way that at best, will result in both an oligopoly for consumers and an oligopsony for creaters. It is certainly good that Amazon/Audible has competitors, but if the only competitors it has have basically the same vertically integrated structure there will be less incentive and opportunity for authors and voice actors to create genuinely interesting works, and listeners will in turn have increasingly commoditized options, with creators making less money for their work and consumers paying more.
- plorg 4y agoAnd that doesn't even include the more specific concerns about the way Spotify uses contract labor to squeeze artists.