this post was submitted on 24 Dec 2024
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According to the RIAA, Spotify is a leading contributer to music revenue going up over the past decade plus https://www.riaa.com/wp-content/uploads/2023/03/2022-Year-End-Music-Industry-Revenue-Report.pdf
Prior to spotify, people bought songs or albums, and were locked into their favorites or pirated music, which obviously contributed nothing to artist's pockets.
Spotify is not the evil entity here, in my opinion. Record labels are.
Edit: Unsure how reliable of a source this is, but steaming reduced piracy levels by ~20% https://www.alliotts.com/articles/streaming-has-a-consumer-and-a-piracy-problem-the-answer-lies-in-the-music-industry/
I do think that we have become far removed from the old days, because music piracy was extremely prevelant before these services came out.
A couple of years ago we reached the tipping point where artist are paying more for Spotify to promote their music than Spotify is paying the artists. Spotify is more evil than even the record companies at this point.
Streaming only reduced piracy because it presented a more convenient option. This formula has already changed with their predatory behavior.
The reason artist create has little to do with money. It was never about that and those that think it make shitty music and are owned by corporations.
Technology has set us free from corporate control, but we have to shun commercial platforms. We will never be free running to the wide open arms of business ready to fleece us and lock up our culture behind their pay walls.
Enshitification is here for every corporate platform. There is no escape. The days are 0% interest aka free money are now long gone.