Spotify’s Daniel Ek: killing the golden goose, one download at a time| Rebecca Nicholson

Digital music and audio | The Guardian 2020-08-08

Summary:

The streaming site’s boss is deaf to the creative process when he complains that artists are too slow with their talent

After reading a recent interview with Spotify founder and CEO, Daniel Ek, which had a “how to lose friends and alienate people” approach to public communications, I tried to unravel the economics of how on earth musicians are supposed to manage on the royalties that streaming services send their way.

I found myself so tangled up in tiny percentages and splits that I gave up and reached for the nearest soothing Chillout playlist. Ek, whose fortune is estimated by Forbes to be $4bn (£3bn), gave a surprisingly honest interview to the website Music Ally, in which he framed critics as the old guard, ill at ease with the inevitable new way.

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Link:

https://www.theguardian.com/commentisfree/2020/aug/08/spotifys-daniel-ek-killing-the-golden-goose-one-download-at-a-time

From feeds:

Music and Digital Media » Digital music and audio | The Guardian

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Authors:

Rebecca Nicholson

Date tagged:

08/08/2020, 16:10

Date published:

08/08/2020, 11:00