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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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Life is to you a dashing and bold adventure.
(Score: 2) by takyon on Wednesday March 21 2018, @12:00AM
New artists are coming up on places like YouTube or SoundCloud, using cheap equipment.
Turning that into a career can be more difficult, and success may be defined by the ability to attract interest from a big label, but musicians have more options than ever. They can upload their own stuff, get ad revenue and crowdfunding, and communicate directly with fans.
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