> At this point, I need to complain about the stupid major record labels who have empowered and supported Spotify during its long history. At some junctures, they have even been shareholders.
I’ve warned repeatedly that this is a huge mistake. Spotify is their adversary, not their partner. The longer they avoid admitting this to themselves, the worse things will get.
I think this confuses record labels with artists. I don't see labels having a problem with replacing their artists with AI, as long as they still get the royalties.
You’d need labels at all then why?
Record labels, particularly indie ones are a great way to curate and discover particular music.
I’ve discovered a ton of great stuff I never would have otherwise come across by looking at what a record label I’m familiar with is releasing.
Because copyright lasts an obscenely long time so record labels can continue to rent seek and grab a large share of spending on music for work performed many decades ago.
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