Does Spotify affect the music market or does the music market affect Spotify’s mode of operations? Can Spotify really exist in an ecosystem where artists are fairly represented and paid equally? Look at Bandcamp, it’s been trashed and deserted because the companies that have taken advantage of it found the model unprofitable by their estimates.
There of course are many things Spotify could do, but unfortunately the momentum in the music industry is towards profit and not actual talent or social consciousness. Spotify is owned by money makers, not individuals with true appreciation for the art of music.
Does Spotify affect the music market or does the music market affect Spotify’s mode of operations? Can Spotify really exist in an ecosystem where artists are fairly represented and paid equally? Look at Bandcamp, it’s been trashed and deserted because the companies that have taken advantage of it found the model unprofitable by their estimates.
There of course are many things Spotify could do, but unfortunately the momentum in the music industry is towards profit and not actual talent or social consciousness. Spotify is owned by money makers, not individuals with true appreciation for the art of music.
All we know is the companies weren’t able to extract what they wanted out of band camp, not that its model wasn’t working or couldn’t work.