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Spotify Is Eating the Entire Music Business
(nymag.com)
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this post was submitted on 21 Oct 2023
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Music
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What is the music industries proposed solution?
I’m not paying you a dollar for a song or $10 for a complete CD. Especially if it is the way it is with movies where you don’t really own it, just a license to play it.
I can’t think of a way in which I would pay for music outside of a Spotify like model. Even at that, I’m on my sisters family plan. If I was not, I wouldn’t subscribe.
Maybe I’m just not the target market, maybe I’m cheap. Maybe I’m just not that into music.
But look at the value. A CD is like 90 minutes long and costs $10-20. There are great computer games out there in that price range that also have a sound track. If I have a limited amount of money to spend, which I do, then I’m going to pay for stuff that maximizes my entertainment.
The only time I'd buy stuff like that is if I knew most, if not all that money is going to the band. At least since a lot of the bands I listen to are smaller.
Yes, this exactly. Im fine with paying $1 a song if I knew majority of the money was going to the artist and not to various greedy media conglomerates.
Is that even possible?
I think there are a few bands they self produce. Fortunately one of my favorite does. At least I think they do. Radiohead.
Lotsa smaller ones, I know king gizzard, red vox, and Frankie and the witch fingers (my favorite bands right now) all have websites you can buy flacs from.
it’s been 15 years since DRM vanished from online music stores, so i don’t understand why people still keep bringing this up like it’s a thing.
What is an online music store? I only know apple and googles.
never heard of itunes? bandcamp? amazon mp3?
these stores have been around for a very long time. newer stores like qobuz specialize in lossless music.
I think the modality of spotify is ok, but the model could be very different. In exemple, imagine if you payed 10$ month, but instead of those being distributed across all of spotify statistically, they where divided and distrubuted to the author YOU actually listened to, on a monthly basis.
Maybe one month you only listened to 10 songs, so 1$ for each song author that month.
Of course, there should be a cut for the platform from that monthly fee, after all they have maintenance and administrative costs. And perhaps it should also take into account how much of a song you listened to, down to the second.
This is not a new model, but it is not an interesting one for venture capitalist funds, because it is too egalitarian. It is up to us to create it.
"To have a fair music market, there needs to be a fair market".