The biggest point everyone misses.
Spotify is being pimped, to Wall Street, as an adrev model, Google is an adrev model.
Not only are the artists and content creators being given pennies for their work, they are not cut in on the adrev. Doesn’t anyone see the reason YouTube was allowed to do their thing is the labels were paid a fortune in advertising revenue?
The same will apply to Spotify.
Once you get past the nice hit of money from an IPO, you can then look forward to advertising revenue.
The labels have been using adrev to offset recorded music loses. That is apparent. In reality, the labels can survive off of adrev forever. There’s that much money in it. The only thing they haven’t thought through is the fact that content creators can’t survive off the royalty streams of those models.
I don’t blame a business in trouble for trying to save itself.
I do blame them for not including the content creators in their lifeboat.
The labels are in on it, they don’t give a fuck.
Start petitioning your favorite artist to denounce Spotify.
For more information email: join@DestroySpotify.com