I don't see much discussion of Spotify's role in setting their subscription pricing. I think this is an area where artists have a legitimate gripe.
For example, in a hypothetical world let's say Spotify could capture a high amount of market share and still be profitable at $0.10/month. If they had the same revenue split they could say that they are giving artists 70% (0.07/month). I think the artists would rightfully complain that Spotify is devaluing their product.
Artists like Taylor Swift are starting to catch on but people act like she's greedy and out of touch when she pulls her catalog.
For example, in a hypothetical world let's say Spotify could capture a high amount of market share and still be profitable at $0.10/month. If they had the same revenue split they could say that they are giving artists 70% (0.07/month). I think the artists would rightfully complain that Spotify is devaluing their product.
Artists like Taylor Swift are starting to catch on but people act like she's greedy and out of touch when she pulls her catalog.