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by falqun 804 days ago
If they would be smaller, e.g. a new startup on the marked, I would agree. But currently its the defacto place for your music to put if you want an audience. I would argue that one with that much marked power should be held accountable for such actions, e.g. with stronger marked regulations preventing arising monopolies.
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Spotify and the internet as a whole has liberated the music industry from the strangle hold of record companies. And you still can't just upload your songs to Spotify, you need to go through some publishing group. Getting Spotify to pay more per stream is siding with the record companies, and you can be sure they are lobbying hard on behalf of their interests. It's a tricky situation.