but they won't do that, because they have and always will be a leaching industry. Any new revenue stream that emerges they're going to frantically latch onto.
In what sense are the labels a leaching industry given that they put up a major proportion of the resources to produce the "content?" Spotify is a straight up middle man, what value do they really add?
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Until it is.
Until the labels stop taking the vast majority of profits from these services to allow them to be profitable.
http://mediadecoder.blogs.nytimes.com/2012/08/24/pandora-and...
There was a post about it from Spotify, too, but I can't find it now.
but they won't do that, because they have and always will be a leaching industry. Any new revenue stream that emerges they're going to frantically latch onto.
In what sense are the labels a leaching industry given that they put up a major proportion of the resources to produce the "content?" Spotify is a straight up middle man, what value do they really add?