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by will_critchlow
5309 days ago
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I'm intrigued: what massive negotiating power does spotify have to force labels / artists onto their platform? Is there a market failure here? What keeps the pricing unfair? Why not just pull your music from spotify if you don't want it "sold" there? (Written as a spotify premium subscriber who loves the service, but assumed that the music was legitimately obtained through a negotiation with the labels and / or artists). |
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This inevitably erodes purchases from any other online outlet, which leads to less money flowing to artists. This is made worse by the fact that Spotify's royalty rate is absolutely abysmal. This is well known, and leads to less money flowing to artists.
Spotify is such a good thing for the consumer of music. I say that as a consumer of music who was a Premium Spotify subscriber until last week. But as an artist, it's just another mechanism for record labels to whittle down the money they owe you for your working for them. That's why I cancelled my subscription last week.
This is the key bit to me -
"...I actually prefer illegal downloading over Spotify because when you get music illegally it’s at least implicit in the transaction that what you’re doing is potentially harmful to the artist. But with Spotify, your conscience is clear because you’re either enduring ads or paying to use the service and access the music."