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@timoni @Spotify imo, there are two reasons Spotify is successful: - well made software - getting the major labels on board (via sweetheart equity deals early on, which made them invested in Spotify's success rather than primarily seeing it as a threat to royalty rates)Look on archive.org
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@timoni @Spotify ofc, royalty rates are shared with artists, equity isn't. that's the foundation Spotify operates from: maybe it was the inevitable route that some streaming service would take to success, but I don't think you can portray Spotify as a neutral party in that shift.Permalink Look on archive.org