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One of the latest beneficiaries of sharing music online, according to TorrentFreak, turns out to be the streaming music service Spotify:
Without The Pirate Bay, Spotify may have never turned into the success it is today. Ten years ago record labels were so desperate to find an answer to the ever-growing piracy problem that they agreed to take a gamble. Now, more than a decade later, Spotify has turned into a billion-dollar company, with pirate roots.
Last autumn the EU suppressed a 300-page copyright study showing yet again that copyright infringement does not harm sales. It often helps sales. Both factors have been known for a long time, with other studies going back to the 1990s.
Earlier on SN:
- Spotify Files for IPO After Losing $1.5 Billion in 2017
- Spotify Raises Cash to Fight Apple for Streaming Music Market
- Band Earns $20K for Silent Album on Spotify
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How The Pirate Bay Helped Spotify Become a Success
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* m2 stares at the monitor... it looks like a hamburger...
m2 - that's a bad sign
(Score: 2) by MichaelDavidCrawford on Tuesday March 20 2018, @09:28PM
http://www.cdbaby.com/ [cdbaby.com]
I visited their warehouse once. It's huge. I mean like you could fit a 747 inside it. They had lots of employees.
Yes I Have No Bananas. [gofundme.com]