Re:Spotify opens on NYSE, valuing company at almost $30B
by pc2g4d on Tuesday April 03, 2018 @05:33PM
(#16749525)
Spotify already is a label. Right? A bunch of artists have done "Spotify Sessions".
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Re:Spotify opens on NYSE, valuing company at almost $30B
by k_sh on Tuesday April 03, 2018 @09:38PM
(#16751148)
Publishing recordings of live performances is pretty different from having a division of the company dedicated to supporting the careers of an artist roster
Re:Spotify opens on NYSE, valuing company at almost $30B
by creaghpatr on Wednesday April 04, 2018 @09:16AM
(#16754356)
I believe they are testing this in the 'generic' categories of music. Think elevator muzak - people want the ends and don't care about the means, so they can white label artists who make albums like "Ambient sleeping tones" or "Rain sounds" and algorithmically crowd out independent artists doing the same thing, thus getting a cut of the royalties in addition to the distribution fees.
Edit: Like Aldi does for groceries