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by maxwell
1239 days ago
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Spotify isn't profitable. Tidal isn't profitable. Alphabet, Amazon, and Apple probably earn a profit on their bundles, but if artists and labels aren't making money on streaming, how long until they start pulling their catalogs? Will you stop listening to music if/when the unprofitable music streaming services shut down? What happens if/when Alphabet, Amazon, and Apple are barred from tying and bundling their services? It seems like artists and labels will simply revert to pay per song/album and legal battles instead of wasting resources on listeners who aren't willing to pay a meaningful amount for music. At your price point, you'll probably be able go back to buying a few hundred songs / dozen or so albums a year. |
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There is not enough money in music for both the record companies and spotify, et. al. to simultaneously rob the artists. These streaming companies being the new middle man are going to be the first to lose out. Especially if the record companies wake up and start making their own stores/services.