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This really misses something... it's written as if the consumers are somehow entitled to the music from the songwriters. Right now, musicians think streaming r
by tunesmith 13y ago
This really misses something... it's written as if the consumers are somehow entitled to the music from the songwriters. Right now, musicians think streaming rates are too low, and the streaming services are operating at a loss. That basically means they are unsustainable, and that musicians are not willing to release their music at a rate the consumers want to pay. Because of debt financing, consumers are currently under the impression that they're entitled to this music anyway, but the gravy train might very well end, and then easy music enjoyment might become more scarce. For a lot of musicians, this would be a welcome development, as it would give the songwriters more options in how to control their revenue streams.