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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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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
Any woman is a volume if one knows how to read her.
(Score: 3, Insightful) by leftover on Tuesday March 20 2018, @10:28PM (1 child)
Don't know about you or MDC but I buy CDs because they prove I own the right to play the music. Whenever possible I buy them "directly" from the band at live shows. Really have no idea how many there are in my stash but it is far more than I have time to listen to more than a fraction.
Bent, folded, spindled, and mutilated.
(Score: 2) by MichaelDavidCrawford on Wednesday March 21 2018, @04:20AM
I would have sold mine but it's piano not singing
Yes I Have No Bananas. [gofundme.com]