Is SPOTIFY Possibly GOING BROKE?

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[@MR.FREEDMAN]

This is wild, Spotify devalued music, now their company value is decreasing.

[@GA5aLaProd]

They didn't devalue music, music had already lost value - P2P sharing had taken all value, CDs were becoming defunct and the only digital store making money was putting blocks on music where you couldn't play it without a license If it wasn't for Spotify, the vast majority of people wouldn't have careers and would still be signing bad deals to get heard Streaming models are inherently flawed because your paying some pesant fee to get access to unlimited music . They should be charging us more per month

[@TalentedKamarty]

Shits wild lol looks like the labels or A label will buy Spotify and if THAT happens?? Everybody RUN 😂😂 Sony, Universal, & Atlantic forming like Voltron? Nooo thank you lol. N nobody like Samsung will buy em cz who wants to buy a company that's locked out of doing original content with popular artists. They're super fucked lol

[@MR.FREEDMAN]

@TalentedKamarty This is true, it would actually be wise. Best believe their biggest investors are ppl from these label. Getting that infinite money glitch.

[@colbyisart]

Karma is real. 💯✌🏼

[@understanding77]

Quite poetic if you ask me

[@jelandojohnson8193]

A lot to unpack. Streaming ain’t going away. We as independent artists have to view it as a tool to market our music. The platform can’t be the destination; only part of our journey.

[@waynebo248]

As I said in this space before, the major labels are the real villains in this scenario. When it comes to the music business, that has always been the case, and it ain't changing anytime soon 😡

[@mallewi]

i've never heard anyone break it down so succinctly before. thank you for this; gives me so much to think about

[@waivz]

Deep topic today. This is a very important time for all independent musicians to map out their business of music. I can not thank you enough Curtiss for documenting your journey navigating this new playing field. Also for being open minded enough to admit when you are wrong in the name of growth. This is a learning experience to all and thank you again for sharing your insight. You are helping so so many my friend. 🙏🏾

[@CurtissKingTV]

🙏🏽🛠️

[@eddykrow3536]

Spotify is like a artist coming to a record label getting a three sixty deal

[@ChrisAbbate]

One thing to note....... Spotify's decision for their upcoming threshold rules were based on negotiations with the "big 3." They asked for a higher rate.....in turn needing to jettison most independents. In other words, Spotify sold out to the legacy industry instead of trying to build their business. Spotify is still a slimy company. IMO.

[@doriangibbs]

So what was Spotify supposed to do? If they are now going to have to pay higher rates or risk loosing the licensing, what choice do they have? They are trying to build their business with Podcast and went big. But it has not panned out. They only have so much money and there are only so many options. Right now they need to survive just to have time to find another opportunity. They were never the lifeboat for artists. They were a business trying to take advantage of the moment with streaming that Napster had started. But the Big 3 fighting it is why Spotify had to enter into this type of deal in the first place. They have never been on solid ground, they own NOTHING. They are renters and are subleasing space (for free) to artists so they can get revenue from ads to pay their landlord. Hell the distributors such as CDbaby and Distrokid are more profitable than Spotify.

[@lewisbrave]

Almost there, only one detail, Spotify didn't sell anything, the labels are the Spotify, on book they're one of the major holder, off book they the biggest holder, people should know about black book accounting.

[@waynebo248]

If Spotify refuses their terms, they pull all of their music. Spotify goes under and their listeners go to the competition. Big 3 keeps right on making money with Apple, KZbin & Amazon, etc. Spotify has no leverage. They can't say no. They really have no choice. The majors have them by the balls.

[@cartier2312]

@@doriangibbsCut ties with the big 3 music companies and recognize your platform, it’s okay to restructure your platform but don’t let nobody to control your business and take advantage of your success that is what a smart business person would do. And if you lose some money then you lose some money and that’s okay

[@okoroemmanuel608]

@@cartier2312i don’t think it works that way when you have shareholders who’ve invested in your company. you just don’t have the absolute final say even if you’re tge highest holder

[@fizzychizzy]

I commented on the other video this point and someone told me I was dumb. I said: 1) they wont allow you to take off your profile because Spotify wants to be able to say that they have a certain number of artists on the platform. So you will still be counted as a participant on the platform even if you do not have music up. They want others to be able to search you and see a profile. I also stated that Spotify has no money. That they are struggling to pay for the rights they do have. No person is supposed to have access to all music from all of time. FOMO has fucked everyone up. This convenience has basically devalued the music tremendously. And file sharing fucked up the music industry so physical sales are not big anymore. As a result, those music industries now depend heavily on streaming while reducing how much they are willing to invest for new artist. So there is less artist development. And they are only signing people that already have listeners. We have seen how streaming basically fucked up the tv and movie industry. It basically made residuals into nothing. This is basically what happened to music. The public doesn't want to admit it but we are partially responsible for the demise of all of these entities because of our need to have access to everything, everywhere, all at once. We have devalued music and tv and movies and the artists are suffering because of it.

[@ThinkerHaistTV]

Very well written. If I may add what could or would have been the solution in 1999 when Napster came out?

[@misswill8488]

@@ThinkerHaistTVThey had the solution right when these streaming services began. They were using DRM - digital rights management. They had technology that could prevent you from illegally downloading music. But streaming exploded more because it gave people access to all music, so that got sidestepped. But similar technology is being used with Cable companies even now. I know for Xfinity, you cannot stream certain channel’s shows from your phone or tablet into a separate device (monitor or projector) via hdmi cable. They have some type of technology that blocks it, which they do because they would rather you buy another cable box and pay an extra $5 per month. They don’t mind you watching it on your phone or tablet, but the minute you connect that to another device, it blocks the show and won’t play it. So, the technology exists.

[@carbonvibes]

So basically Universal Music Group , Sony Music and Warner Music Group are Spotify’s Pimp. 🤦🏻‍♂️

[@LedgerLiner]

Not basically Literally

[@okaydmuzikkk6771]

We artists/ producers was thinking we was getting robbed by spotify!!?? Whole time Spotify getting robbed 😂 this is wild. I thought bout takeing my music off but... after hearing this. Ill keep my 7 monthly listeners n my 0.03 cents 😂

[@carlosp.1846]

Spotify should get rid of major labels plain and simple. And focus on indie plus develop their artists. consumers are more conscious now and ready to support the artist.

[@rayshaunjackson8478]

I thought the same thing..but it would hard for Spotify sell that idea to their investors. That would be a big risk to take for the company

[@carlosp.1846]

I guess at one point , if the crash becomes inevitable, it will be on the table @@rayshaunjackson8478​

[@KrissLiss]

“Spotify is signed…Spotify is in a 360 deal!” 😅 Record labels are so gangsta, dawg.

[@iamsoul_za]

When Pusha said, “You signed to one nigga that's signed to another nigga that's signed to another nigga, now that's bad luck”. This is exactly that. 🤣

[@CurtissKingTV]

😭💯

[@jdarg4163]

He's speaking the truth as way before I started to produce music I learnt hoe to play a musical instrument as I play steeelpan (Steeldrums) and I have had the privilege of touring doing TV shows I've meet the Queen and been on atleast 5 major TV stations including MTV in the UK all before I even made my 1st ever beat so people need to learn other things like music theory etc

[@understanding77]

This is why I am learning to play bass n keys s as well as teaching myself music theory. I’ve been beat making for seven years and practicing instruments and theory will enhance my overall musical output

[@ajnovamusic]

"Spotify is in a 360 deal" is a wilddd statement 😂

[@HipRockRecords]

Damn, man. I've been watching your videos nonstop since yesterday. Thank you for opening my eyes clearly and also reaffirming some of my beliefs I've had about streaming that I quietly held on to simply because I THOUGHT I had to be on these platforms to appear as a "legitimate" artist.

[@lewisbrave]

If labels aren't going broke, so Spotify isn't too... Black book accounting, they're making profit, but off book...

[@caseyjones3522]

yeah man this is all too fishy for me. Spotify and the labels are one in the same to me, this lack of profit is by design.

[@lewisbrave]

@@caseyjones3522 just another corrupted system, like the food industry, pharma, educational, security, health system and so on...

[@EDGRAYMedia]

The bottom line is, if you don't have the ad dollars to get in front of the line or possibly fake streams, you ain't gonna make no money. Because the artists who are doing this are the only ones making money. Sucks that Spotify has a lousy business model, but I'm not feeling your boy's comment. Plenty of great artists get two streams on Spotify; Spotify needs to give small artists more of the algorithm to become bigger without pulling back the curtain. But why would they do that when they are getting patted down by the labels. What's the alternative for a small artist? Ain't nobody got CD players anymore. People would have to do a Nipsey Hussle and charge $1000 for a mixtape. Good luck with that, LOL

[@Shazzyhtown]

The only way you can upcharge like Nip is to really deliver quality and have dedicated fans. Artists might want to start focusing on creating more value for their fans. Indie metal bands have convinced their fans to support them monthly on Patreon. But, they have to agree to consistently provide value in the form of early release and group chats. Im a patron myself for a metal band, one of 1000 monthly patrons. You need to cater to the fan now.

[@EDGRAYMedia]

@@Shazzyhtown I hear you sister if you know somebody with the blueprint to do that, let me know so I can buy the book lol

[@36SCO]

Spotify doesn’t really own Spotify. That’s crazy !!! I appreciate you breaking this down man and you stepped up and apologized! 🤝🏽

[@beatcookinncleveland]

Hey anybody remember Napster ? Spotify is a Psyop being used by the big record companies to regain control of the music industry.

[@blackspiderman4766]

Spotify is to Big to fail The record labels wouldn't let Spotify fail

[@ChrisAbbate]

Agreed! The big 3 need Spotify. Hence my comment above.

[@GA5aLaProd]

I agree with this, but as a public company they are now slave to their shareholders -so they need to make decisions in the best interest of shares rather than content makers. This could be their downfall. (also Tik Tok has taken spotify's power as a taste maker, so external factors could hasten their decline)

[@assboyzent.2941]

They got spotify in a 720 deal lmaoo. I wouldnt be surprised if the 3 major labels own majority of the shares in Spotify too, so them being 100% owned by labels isnt a matter of how but when

[@SKYWXLKER803]

I literally said this a moment ago 🤣🤣

[@adelasmart]

You're right and You broke the code and encryption. I believe a lot of companies are secretly going broke.

[@shadowfukkinblowed]

aint takin my music off streaming services but you def make me wanna distribute my music physically. man bout to be the next master p and sell my shit out the trunk

[@doriangibbs]

Thank you for this video. Helps to clearly understand the landscape

[@legitorecords5701]

The Amazon model... Outprice and out service all the independents without making a profit. Once they are all gone jack up prices as you are now THE market.

[@xfacta334]

Exactly. Its how monopolies are born (even though thats illegal lol). Wal-Mart always has the lowest prices because nobody else can afford to match them without going out of business.

[@rightonkue]

bro. my mind is blown. thank you so much for this video. gives me a lot to process.

[@Dracaveli]

love your channel bro. youre helping so many diy artists!

[@YungSuave]

Great conversation 💯 very informational conversation

[@river718]

Yet, Spotify's CEO Daniel Ek became a multibillionaire with a net worth of $3 Billion Dollars from Spotify....

[@DSmiR420]

The Brother was a huge help for me.Thanks Man

[@SilasGunn]

Fantastic insights. Thanks for putting in the work and commentary on this.

[@CurtissKingTV]

Thank you for watching Silas

[@Weaverbeats]

They have been turning a profit this year.

[@dameianvessel]

weavverr beattssss thaaa gooatt

[@CurtissKingTV]

And I assume next year that number will stretch a bit further

[@dmtmediabrothers]

Most good companies always report they lost money to get tax breaks. Im sure theyve made money

[@garybrowe]

This was the best explanation hands down. I have never been even placed on one Spotify curated playlist and this is why. They only want majors on the top. I want my music to be discoverable so I leave it up on streaming even if it makes very little money. What Spotify is going to do should be against copyright law.

[@oubimcius4032]

The big 3 own a piece of Spotify.

[@dynamic9016]

Very informative and insightful video..

[@dwayneeaddy5882]

Interesting video, I like to add we never think about the backend that these companies must maintain to keep these services running. Datacenter space cost and a switches, routers, and server could be thousands of of dollars. I could only imagine how many data centers Spotify has equipment in.

[@Dee9158]

This is the same argument that the brick and mortar Distributors used to say they would pay the big guys before the little guys

[@phrelancelotmusic]

I saw this video over the weekend 🤯

[@apexone5502]

This is why for years I've wondered why artists and their dedicated fanbases always had the most smoke for streaming sites when its the labels who are the reason why artists aren't getting their fair due. The labels are in a win/win situation where they get the bulk of the profits while the streaming sites get the bulk of the blame as a result.

[@cjdapoet]

damm spotify got a 360 deal thats 🥶

[@ralphdelgado8232]

This video was so crucial… thank Curtiss king 2birds

[@Shazzyhtown]

So this company is not profitable and is trying to survive. I get it.😬

[@Crazysteve0017]

They don’t want independent artist to be bigger than their artists that’s the end goal for them. 💯🤦🏽‍♂️

[@misswill8488]

3:37 Yall are funny. I was making a $1 per song download on iTunes when it first came and was charting on ITunes out, and had an EP making $6 per EP. Indie artists were also making $10 per album as digital downloads prior to that. And when it was CDs, it was like $10-$15. I think people are forgetting that streaming has replaced mechanical royalties. So saying you’re complaining about a crumb when it’s nearly completely removed mechanical royalties is ridiculous. I could see if it was an additional income to that but it’s not. You literally have to be selling something else like merch or books or something to make up the difference. Maybe that dude hasn’t lived long enough to know he’s being screwed out of real mechanical royalties.

[@cartier2312]

Spotify needs to cut ties with the big 3 and reorganize their platform

[@obamaisacoon]

Spotify did have exclusive music so did apple music but clearly some talks happened and all of that ended.

[@sp123]

It's Frank Ocean's fault

[@DreamslideProductions]

That ish.. Is just crazy 😮

[@sleepysleepy9913]

This another example how valuable music is

[@RicherPodcast]

Don’t forget lack of “profits” can just be tax write offs or dividend payouts.

[@Herbsus]

okay now my thing is you left streaming and then whats next move? going back to physical only which in turn can get you more money if you can leverage yourself at the same degree as streaming, but how realistic is that in this modern day and age? I'd love to hear you go in depth as much as possible of course on this, since you're advocating for leaving all streaming platforms. Thank you for the amazing content you provides us with the wealth of knowledge you acquire to share with us, it truly means a lot and goes a very long way to help us DYERS! 💎💪🏾🐐

[@ten0785]

I’m not surprised it’s the same culprits

[@Dee9158]

I totally disagree with that guy he sounds like an A&R guy from the 90s

[@mont-doggBeats]

facts

[@jdarg4163]

And Spotify does have a record label and can sign and can sign you and release your music on their platform directly but you have to have a certain amount of streams to do that and they have a DAW for music production but I don't agree with their new practices but such is life

[@jacksonmade3667]

Spotify need to sign some Ai Artists ASAP. Spotify Records or bust 😂

[@cjdapoet]

😂 shit gonna have to be called falsify records

[@philrogersmusician6078]

Let's hope. Let them scratch for 1/3 of a penny. Couldn't happen to better folks.

[@MarcPlaysDrums]

I have zero sympathy considering these DSPs, in order to stop people from stealing music, have devalued the music(at the expense of the artist)and now they can’t survive off of the situation they created. I’d actually seen this video about Spotify so I wasn’t surprised about this threshold issue. And peep game…social media platforms are throwing a monkey wrench in the game on Spotify by taking the focus and revenue from podcasts and making it about live streams which is why guys like Kai Canet and IShowSpeed and Adin Ross and Sneako and BruceDropEm off and Akademiks and Jideon are really exploding right now.

[@meadpro]

I don't like the fact that curtiss was on past videos throwing rocks at Spotify without doing research on how the business worked. I do respect the fact that he is making the correction now though.

[@vincentpaula3184]

Ah, when you thought you were boycotting the ‘industry’ giants then you find it you are indirectly supplying them

[@Nighthawkclips]

See how record labels know the worth of their products; we no different agreed? Or am I tripping??

[@RickyAtoms]

Here First!!

[@k3zani265]

Second😂

[@kevinwilliamsx3]

Do you think it will be a good idea for Spotify to get into managing artists in order to develop a new revenue stream? And possibly biting into these 3 giant music groups profit margins. Great video by the way I learned a lot.

[@doriangibbs]

I do not think that would help. Same issue. Who is going to sign the artist? One of those labels.

[@DrixxMadison]

Exactly, they need to pivot into Management and partnerships strictly with unsigning artists and create a separate entity to handle it.

[@ThinkerHaistTV]

But if Spotify owned a record label people would say it's a rigged game still. We'd eventually see their signed artists on the front page...

[@ameeththomas]

Spotify, apple, music, etc are just small revenue streams. No one is looking at the larger picture. The art by itself, the live shows, merch, etc. If you are doing music, go all in and figure out your business model. I fucking hate it when people think I am not a pro at what I do because I don't have spotify or apple music numbers. I make my money else were. Btw I am from India and do English original music. My band is @junkyardgroovemusic. We came up in a time when access to a shit load of things like equipment was hard to get. We found ways around it. Fucking first-world countries are dumb in my opinion. Instead of complaining, fucking figure out a way to do the thing that makes money from art, but all they do is complain. I'm from a country of 48 languages and I sing in English. We have played with the best never letting our gaurd down. India is supossed to be a 3rd world country. lol

[@sp123]

First world countries are addicted to credit and don't know how to work without it

[@sonofforever1]

💯

[@tretimbers8210]

Listen , just because the company hasn’t made a profit on paper that doesn’t mean that they’re top executives / founders aren’t eating well. When they pay themselves millions a year of course the company will struggle to show profit gains. Companies say this BS all the time

[@CurtissKingTV]

I'm very aware of this, but appreciate you clarifying. The point I'm making isn't that the company isn't operating successfully at a profit-loss. The point I'm making is that the oligarchy of labels that hold a 70% share of their revenue, in my opinion, are attempting to limit it's growth potential so that one day the opportunity presents itself for them to buy Spotify out.

[@Dracaveli]

bro said idk why we prefer so many joes 🤣🤣🤣

[@choppadowneyjr]

Drop the larussell interview

[@lornesibrie1373]

Spotify missed the boat by not selling physical product.

[@KristenMcNamara]

Blockchain could help solve the problem……… artists can set their price and every sale is documented, forever. AI will discover anything stolen… just my opinion!

[@DcmoBeatz05]

how u sell ur music

[@zhao-skitheprodigy6884]

These companies that are purchasing catalogs are going to rake in the doe after they acquire Spotify.

[@Dee9158]

Don't feel bad for Spotify they don't give a penny about you 😅

[@timgonzales505]

💯💯

[@phrelancelotmusic]

@curtist king, I like your theory on the labels bleeding them out, what about the other streaming companies that don’t really need music 🤔 I truly don’t believe the labels want to own or manage any form of retail. History shows they let a whole network of record stores die!!!🗣 🤌🏽they’re biggest partners!!! Left them hanging. You mean to tell me they couldn’t scoop up those records stores for the low, drop CD prices? SELL more merch? Really 🤔

[@ezechichilaka5120]

Your point is valid, but the main difference between record stores and Spotify is that Spotify is exclusively digital and already has a staff to run it, theres no physical inventory or rent besides the Spotify HQ. Universal Music may most likely make that purchase unfortunately

[@MultitaskingGuy]

I feel like taking your music off of Spotify is a little crazy because I’ve never heard your music so like I feel like that’s the same for a lot of people and if you’re trying to reach people you gotta have it accessible. I only listen to Lemon because her music is on Spotify, I need a sample

[@keithdunwoody1302]

As long as there has been musicians there have been scheisters trying to rip them off. We need a massive union movement.

[@BPDeuceTV]

Ashes 2 Ashes

[@phrelancelotmusic]

@cktv it makes 1000% sense to take your music down and you’re on to something selling from your own site

[@dameianvessel]

i agree with @fizzychizzy ‘s comment in this thread down below 👇🏾. modernization of music consumption has been great but it has been having its drawbacks. the fact that person called you dumb is a dummy who doesn’t understand nuance and the fact that TWO opposing things can be true at one time. spotify been sold its soul and it affects us as the platform users. we just have to follow suit in whatever way suits us as an individual.

[@RickyAtoms]

And Second!! Sup Curtiss!!!!

[@marcelprimes]

As long as Spotify can serve the labels they aren’t going anywhere. It’s pretty much too big to fail at this point. Worst case scenario is they’ll be bought out. It would be wild if the Hipgnosis folks amassed enough catalogue to build their own platform or buy a dsp.

[@PurpleMusicProductions]

This was intentional by the big 3 which they will eventually end up owning Spotify because of how the deal was done. This is what Prince was talking about with the slave relationship back in the 90s. Not to mention how the record companies have screwed their artists for decades. Their goal is to take the power back and tap down the independent artists and revert things back to the old ways. Similar to the whole Atmos craze, Apple is pushing hard at the behest of the major record labels, because that would effectively knock off the bedroom studio producers and engineers, because it requires at least 200k to create a true atmos setup, therefore only major studios can afford that. Unfortunately, I think the major hits and success from a bedroom production of an independent artist are numbered.

[@lvdrizzle1]

Wowwww,so the PIMP GAME IS REALLY REAL ...SMFH deezammm #lvdrizzle

[@terrencecruel4025]

What's up people

[@boybandz80]

I don't feel sorry for them at all. They knew what their business model was going to be when they started the business

[@marcinpapke9390]

Spotify should launch their own music agency aka record label and become more independent from big 3. The artists won't stick to big 3 if they don't see the value for their growth - not only that financial and they'll be happy to ditch them asap

[@waynebo248]

Spotify cannot do that. It's in the contract they signed with the major labels. They covered that in the video. The majors have them by the balls and Spotify has no leverage. The deal is terrible for them, great for the majors.

[@PianoVampire]

It's the artists that need to ditch the labels. Why they continue to hand over 90% of their earnings is beyond me. A revolution needs to happen in the music space.

[@marcinpapke9390]

@@PianoVampireI agree. Most new artists still believes in that "big record company" myth as a privilege but it's based on utopia, dream, fantasy and based on media pop culture (how these companies have been portrayed). If we add to it really poor knowledge of the ins and outs of the music business and legal aspects of that industry (rights, royalties, intellectual property management etc), plus the fact that artists by nature are emotionally driven (not logically driven) - they are the easiest targets. The revolution needs to happen in terms of how "record companies" operate and interact with all the stakeholders of the music business ecosystem. For the time being, those interactions have never been healthy for anyone (artists, performers, music writers, producers, music agencies, distributors) except the record companies themselves

[@waynebo248]

@@PianoVampire The major labels have the keys to what many young artists desire most: fame. Young artists think they're getting fame & fortune and their naive hunger, coupled with the fact that many of them grew up in poverty leaves them vulnerable to bad contracts. Same formula for decades.

[@angermanagementstudios]

I really, really hope it is.

[@SoLTheArtist]

That's a DURTY Ass game they played. 😵

[@Salvatoreluciano.]

There’s no future and money in music sadly. It’s best just to start a business. Get wealthy. THEN you can start making music without having to deal with all this. Not just making it to make a living off it. But making it because it’s a plus in your life.

[@MIKEBORGIA]

Spotify definitely makes money. They just spend it on assets like employees and technology investment A company can get by on high revenues and low or non-existent profits, if investors believe that it will become profitable in the future. focusing on growth and revenue rather than profits

[@MorrisMills]

How the heck can you go broke when you’re generating 10 Billion a year?

[@k3zani265]

If they go broke which app do you think replaces them? SoundCloud? Deezer? Edit I'm halfway through the video and I'm feeling really bad for judging Spotify. Especially since I know first hand about the burdens of operational costs

[@livestep159]

Tidal or Deezer, SoundCloud is it's own thing

[@JungalOfficial]

Apple or amazon because they sell other things, and wouldn't just rely on music so they will be able to afford it

[@ameeththomas]

Use em all and build your comunity. Start with an email list.

[@k3zani265]

@@ameeththomas I've been thinking about an Email list. But I don't know anyone that expects new music through email. Am I looking in the wrong places? (I'm a college student by the way)

[@misswill8488]

@@JungalOfficialAnd Google, because remember, Google has deals with the labels through KZbin.

[@Flublood]

Spotify should make it so artists can pay them directly to be on playlists. Maybe?

[@bulagazibaggy1511]

Well @curtis thought you learned something in terms of what he said, and at the end of the day you focus on the wrong. People who suffer at the end is your fans, well you can say true fans. Like the line by Jay Z he said "I can't help the poor if I am one of them, so I got out and gave back and to me that is a win win." Well till we build or come with our own system, we not. Pulling out I doubt is solving the issue. Build brick by brick with those crumbs and soon will overcome them, if we play with more logic and less emotion. Respect to LaRussel am hugely inspired. He said best everything. It is on you.

[@SHA-3qua]

Building our own platform to directly compete invites the same problems Spotify has or that those companies have.

[@Pauxthabeatmaker]

I'm still thinking of doing spotify or not doing it🤔🤔

[@cassidyraebarrera]

Wooooah 😯

[@mr-mizu]

So who pays to keep the lights on at Spotify? How can you loose money for so long?

[@luv9333]

So I'm in a 720 Deal! Damn

[@BLUNTZnBEATZ97]

I Honestly think its because of Ai, the fact that any Joe Schmoe producer can just type up melodies and possibly put together a hit song with alittle effort (im not talking about some BS Drake/Weeknd track) , they dont want alot of amateurs trying to get to the bag like they want the pros which is why theyre doing what theyre doing...

[@jamg6311]

Lol they will now that they changed how they pay the people who make them who they are...