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Re:Pandora and Spotify Rake in the Money and Then Send It Of... by rm999 on Sunday August 26, 2012 @05:23PM (#4436263)
Well, that's why I said "take" on it. These companies are actually doing quite a bit that a traditional label would do: they store the media (the digital version of manufacturing it), distribute it, and market it. I don't think a traditional label is always the best solution, especially for groups that will never be big enough to justify the huge upfront costs a label puts in.

These aggregators are really for the tail end of the spectrum: the 90% of bands who represent 1% of music listening time and don't have much hope of getting signed.

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