competitor
Spotify Isn’t Ripping Off Artists, The Labels Are
By allowing its users to access millions of songs for free, the music streaming Spotify has revolutionized the music industry by handing them a potential competitor to illegal downloading. Unfortunately, the labels themselves are not as enthusiastic as most users are, as they doubt the service’s ability to generate enough revenue. Indeed, if we take a look at the numbers relating to Lady Gaga that we reported a few days ago, Spotify is barely generating more revenue than most artists make from illicit file-sharing.
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