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this post was submitted on 23 Nov 2023
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Sounds like the issue might be with the record labels...
I’m a small label owner and I guarantee you that it’s a red herring. they set the price of the service, and you can either upload your music on spotify, or not upload it.
compared to the market before digital platforms, where YOU set the price according to several factors, Spotify is the judge and the jury. they choose what the subscription cost is. they choose what your music is worth. they choose the amount of payout you’re gonna get. this is completely backwards! WE should be the ones, labels and artists, to tell spotify what our cost is, and THEY should be the ones setting their subscriptions on the according price for them to be able to cover all their running costs.
but they put themselves in the dominating position on the market, and contributed to the destruction of the physical market. we got left with no choice but to upload our music on their service and eat shit.
we passed from earning thousands of euro per year in physical and digital sales, to getting 100€ every three months for royalties on spotify. this is unsustainable whatever the way you look at it.
they’re the pirates, and ruined the market much more than what pirate bay ever did.
The physical market was long gone before Spotify happened, don't make your legitimate complaints look silly by blaming Spotify for it. The music industry simply had no good answer to deal with digital media.
Spotify did seem to force their hand and some artists improved and adapted. And it's never had a true monopoly with many different services coexesting and competing with it.
sure thing, I’m not saying it’s not true. but we had two models to choose from: the bandcamp model, which is a marketplace where the artist can set their own price, the spotify model, where the distributor sets the price, and an in-between that was itunes, where the artist would suggest the price and the distributor could modify it.
for some reason we went to the nuclear solution, and chose the terrible spotify business model, where three companies make money while killing everybody else.