Spotify to let artists post music without labels:
In a move with the power to shake up the music industry, Spotify said Thursday that it will allow select artists to upload songs directly without record labels or distributors.
Spotify, by far the biggest player in the fast-growing format of streaming, said that the feature for now is only in the test phase for select US-based independent artists who have secured their own copyrights.
But the feature, if eventually put to scale, could in the long run drastically change the business decisions for artists who would not need to go through a label or one of the batch of new companies, such as TuneCore, that provide uploading services for independent artists.
Spotify said artists would simply upload their songs to the platform, first seeing a preview of how it will look, with the Swedish company automatically sending royalties each month.
(Score: 0) by Anonymous Coward on Friday September 21 2018, @09:23PM (1 child)
Without money, how will record label execs buy hookers and blow?
(Score: 0) by Anonymous Coward on Friday September 21 2018, @09:28PM
by suing their customers and paying for 'media taxes'