There’s a lot of good things about Spotify…in a pre virus world the mobility of having all that music wherever you were at your disposal was very attractive and it kept many band catalogues afloat after they had disappeared out of the record shops. The sheer permanence of having your music always available was a big plus and reignited many lost bands from a long time ago.
But there was a downside and along with other major players in recorded music like YouTube and other streaming platforms , Spotify was increasingly getting flack for the minuscule amount of money that it and the music business models that surround it we’re paying. By no means was it the worst offender – there are many in the music business who won’t pay you for your music…what the last cheque you got from youtube? Or how much does a musician get paid from sales of second hand records etc etc.
There had been hope in recent months that some sort of understanding was potentially getting reached..the donation button on Spotify was a start but now the boss of Spotify has started discarding terms of when music should be released to suit their own model its enraged the musician community.
Spotify’s economic model has been widely condemned by musicians and songwriters for years, with critics claiming that the service pays out paltry royalties and gives major-label artists an unfair advantage via playlist placement and other promotional avenues. But according to CEO Daniel Ek, the problem is not Spotify, it’s those lazy musicians…