Tuesday, November 11, 2014

Spotify = Evil and Un-American


And wrote this:

So Spotify licenses 20M songs. Assume half are never played. The remaining songs split amongst  the 2B they've paid out means they're paying an average of $200 per song. Total. To date!

So assume a top seller is earning 100 times that and pocketing 20k for their song and most are earning in the $2 range. Obviously the artists are upset and they should be.

Spotify is the Walmart of streaming music; creating an unsustainable consumption model of greed that is a blight on the earth and the enemy of anything that is decent and just.
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