Comment by benced
6 months ago
As you point out, they mostly did this before they were large companies (where the public choice questions are less problematic). Seems like the breaking of these laws was good for everybody.
6 months ago
As you point out, they mostly did this before they were large companies (where the public choice questions are less problematic). Seems like the breaking of these laws was good for everybody.
>Seems like the breaking of these laws was good for everybody.
Are all music creators better off now than before Spotify?
The music pie is bigger now but it is split between more people. Spotify brings in the most revenue for musicians as a whole.
Yeah, but like another post said it killed a lot of other income streams.
And Spotify is a bad example as it ran into another psudo monopoly with very unreasonable/unhealthy power (the few large music labels holding rights to the majority of main stream music).
They pretty much forced very bad terms onto Spotify which is to some degree why Spotify is pushing podcasts, as they can't be long term profitable with Music (raising prices doesn't help if the issue is a percent cut which rises too :/ )
Is that why the biggest source of income for musicians these days are live shows? Streaming basically killed recording income for 99.9999% of musicians.
they where already big when they systematically broke this laws
breaking this laws is what lifted them from big, to supper marked dominant to a point where they have monopoly like power
that is _never_ good for everyone, or even good for the majority long term
what is good for everyone (but a few rich people and sometimes the US government) is proper fair competition. It drives down prices and allows people to vote with their money, a it is a corner stone of the American dream it pushes innovation and makes sure a country isn't left behind. Monopoly like companies on the other hand tend to have exactly the other effect, higher prices (long term), corruption, stagnating innovation, and a completely shattered American sound pretty bad for the majority of Americans.