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This is a great point. In addition, Spotify creates a much more distributed market for artists. I've found literally thousands of small independent artists that
by 0thgen 3y ago
This is a great point. In addition, Spotify creates a much more distributed market for artists. I've found literally thousands of small independent artists that I would have never found through the filter of CD shops and record labels. Their service is curation, and it helps everyone (consumers and artists) -- except the record labels who lose market control.
I eyeroll every time I see someone here say "all the consumers are stupid because they don't behave exactly like I want them to behave, and I must be the right one"
- ethbr1 3y ago> Their service is curation, and it helps everyone (consumers and artists) -- except the record labels who lose market control. I do worry about the centralization of the marketplace around Spotify. "The king is dead" -> "Long live the king" etc. IMHO, it'd be much healthier if streaming revenue sharing operated on a FRAND model, where non-Spotify entrants were guaranteed access to Spotify revenue-sharing licensing pricing with the content owners, by using a standard formula. Maybe that's the way it does work? National music licensing law in the streaming area is something I'm not overly familiar with.
- 0thgen 3y agoThat's a good argument. I'd concede this is a potential risk / concern that we'd want to mitigate in the long term