Spotify - rewriting the music business ?

according to internal Spotify data, after an initial burst of interest that resembles the pattern for sales of music, a funny thing happens. Songs in the company’s catalog are played again and again, with no diminution in popularity. The reason is simple: people are building playlists. It’s as if an artist were paid every time one of their fans dropped a needle on their record…”

Gerd comments: I love Spotify and certainly hope they can indeed change the way the music industry work - all it will take is approximately $3 billion in VC money ;)

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