this post was submitted on 23 Nov 2023
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Yeah they would cease to exist.
And then nobody gets anything, not even the guys just running a white noise playlist, and making money off of it.
I would love to go back to an artist release model and purchase model where non superstars (with big label circulation) can be successful again.
As is, the same corps own the radio and the venues and the ads. Spotify harms Mariah Carey for example by undervaluing her songs on streaming, but at a fraction of the harm it inflicts to smaller artists.
Oh I'm sure no one on the multi billion dollar a week music industry would get anything
…from Spotify going bankrupt, they definitely would stop getting money from Spotify, though, which is clearly what we’re talking about.