Comment on Why does the Music Industry allow Spotify/Apple to profit off of them?
sanguinepar@lemmy.world 1 week agoYeah, I know, but I feel like execs are more likely to want to go it alone and have exclusive artists than have to work out a way to share with each other.
adespoton@lemmy.ca 1 week ago
We’ve seen it in movies; we’ve seen it in gaming; we saw it starting in music right around when Apple stepped in with the iTunes music store, and then the music execs saw an uptick they didn’t want to lose. When Apple pivoted to streaming, they no longer had much of a say; ClearChannel/iHeartRadio had already consolidated OTA streaming and they had nowhere left to go.
It’s much easier to prevent the likes of Netflix than to stand up a united opposition to it and succeed — especially with the spectre of monopoly regulation sitting back stage.