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you do realize that young people overwhelmingly stream, and do not generally purchase vinyl, right? I've heard this idea of streaming being bad for music bandi

you do realize that young people overwhelmingly stream, and do not generally purchase vinyl, right? I've heard this idea of streaming being bad for music bandied about, but I don't believe it. streaming solved by piracy problem by getting people to actually pay for music. People in the industry like to complain about streaming, but I'm not actually sure that 'the good ole days' are actually better, or if people just have rose-coloured glasses about what the actual state of things were. You are right that streaming-only companies cannot afford to take the same loss on streaming as Apple/Amazon/Google. And IMO that's probably a good thing: we need to find the balance between producers and consumers, not subsidize it with phone sales.

ben7799 4y ago
Artist revenues on streaming have been dropping substantially over the years, not increasing as the companies get larger. There is no shortage of artists talking about what a joke the payments have become. If Spotify can't make money after cutting royalties 50% over the last 3-4 years how can that possibly work? Realistically Spotify is a whole bunch of people making a lot of money as middlemen, but they can't seem to figure out how to actually make money.