Spotify Is Eating the Entire Music Business
Once upon a time twenty-plus years ago, people spent $100 a week on music, books, and magazines, directly supporting the creative cultures they cared about.
Today, people rent access to infinite creative work for $15 a month, with little of that money going to the creators of the works themselves.
Today, people rent access to infinite creative work for $15 a month, with little of that money going to the creators of the works themselves.
Yancey Strickler • Reinventing the record
Private equity firms have poured billions of dollars into music, believing it to be a source of growing and reliable income. Investors spent $12 billion on music rights in just 2021 — more than in the entire decade before the pandemic.
Marc Hogan • Same Old Song: Private Equity Is Destroying Our Music Ecosystem
Thirteen years ago today, I wrote a blog post that changed my life.
I was a 20-year-old summer intern at NPR Music, sitting in front of the Tiny Desk, grappling with the contraction between how much I loved music and how little I paid for it.
I wrote that I had 11,000 songs in my iTunes li... See more
Emily Whitesubstack.com