News for hackers. Stuff that matters.

A comment on Spotify is first music streaming service to surpass 200M paid subscribers. Parent comment

Re:Spotify is first music streaming service to surpass 200M ... by MuffinFlavored on Tuesday January 31, 2023 @12:17PM (#34598073)
What would happen overnight if Spotify and record labels broke up?

Spotify would lose a huge portion of its userbase (nearly all) surely

but more interestingly, record labels lose that revenue (which I'm guessing has to be one of their main sources of income for their finished product: the artist's music)

How is Spotify not able to negotiate a deal better than 70% given that leverage?

[ Parent | on HN ]
Re:Spotify is first music streaming service to surpass 200M ... by lotsofpulp on Wednesday February 01, 2023 @09:10AM (#34610611)
It would take a couple minutes for those Spotify users to change to apple/google/Amazon/tidal/whatever for their music wants/needs.

The computers and software that delivers the music is the commodity with no moat, the music is copyrighted and the record label is the only place to get it from.

[ Parent | on HN ]