Spotify states on their website - 'Spotify gives you millions of songs at your fingertips. The artists you love, the latest hits, and new discoveries just for you. Hit play to stream anything you like.' So surely this a good for people who love music? This is why Spotify is great.
Spotify is a smart company. They have figured out what people want and provided this, making money in the process. The issue seems to be that Spotify is paying a pittance to use this music, which is integral to their business. I have seen people post photos on Facebook of bank cheques for less than a dollar for a huge amount of streams. This is why Spotify sucks.
I have heard many people say the record companies are making money from Spotify due to making a little bit from each of the large number of artists they have on Spotify. Maybe this is true, but it does not makes sense to me. One only has to think back to the days when record companies actually made money from music to see that this business model is one of diminishing returns (many record companies are closing down!).
I have also heard many people try to claim Spotify is no different from YouTube and other similar websites. I would argue Spotify is unlike anything else so really can not be compared. YouTube is essentially a community: a social network of sorts. Spotify gives access to music to anyone for free, or for a small subscription and is designed to replace CD's and tradition mediums.
My friend Andrew London raised an interesting point the other day during an interview for Coast Radio. Andrew has noticed a few changes in the buying habits of people at his gigs. In the past people who liked the gig would come racing up in big numbers - in a buying frenzy if you will. He has observed a decline in the number of people who now do this. Maybe this is because people are aware they can get the music afterwards for free so why buy it?!
Here is the key - artists need to control how their music is made available to consumers. If you do not like Spotify then do not use it. You have choices. Streaming is here to say. It is not for me to say this is a bad thing; this is being driven by what the people want. Artists need to learn how to operate in this environment. Use Spotify for what it is.
I have a new CD coming out soon and will not be using Spotify, iTunes or any similar websites to sell my music - I will be controlling this rigourously. I might loose a few sales from people who might stumble upon my CD but I think I will gain by those who really want the music going to one place for it. I have past CD's on Spotify and will be leaving them on there - using Spotify to my advantage (hopefully). I will be making this new CD only available on Bandcamp and a few physical copies for selling at gigs. Click here to go to my bandcamp page.
I truly believe there has never been a better time to be a musician. (Click here to read my first blog to see why I say this). Remember there are still people doing well in current times - try to figure out what are they doing differently. It is most likely they are thinking differently and using the ‘services’ to their advantage.
Keep in touch:
YouTube - https://www.youtube.com/user/nickgranny
Facebook - https://www.facebook.com/nickgranvillemusic
... and you can download my latest album from: nickgranville.bandcamp.com/album/home