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> Spotify's CEO is worth ~$3B while artists make pennies. That sounds like the market signaling an underproduction of streaming services and an overproduction
by junofan 3y ago
> Spotify's CEO is worth ~$3B while artists make pennies.
That sounds like the market signaling an underproduction of streaming services and an overproduction of musicians. A levy on streaming services earmarked for French artists pushes the market further into disequilibrium, giving people less of what they want and more of what they don’t want.
- deleted 3y ago[deleted]