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# Sean Parker On Spotify, The New Music Business & Why Most Bands Should Never Sign With A Label
- URL: https://www.hypebot.com/sean-parker-on-spotify-the-new-music-business-why-most-bands-should-never-sign-with-a-label/
- Published: 2011-10-22T06:00:00.000Z
- Updated: 2011-10-22T06:00:00.000Z
- Description: We usually post the latest episode of This Week In Music on Saturday morning, but since they're taking a week off, we're re-posting this great video with Sean Paker, billionaire. Continue reading [https://www.hypebot.com/hypebot/2011/10/sean-parker-on-spotify-the-new-music-business-why-most-bands-sh
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 10:55

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We usually post the latest episode of This Week In Music on Saturday morning, but since they're taking a week off, we're re-posting this great video with Sean Paker, billionaire venture capitalist, founder of **Facebook** and **Napster** and **Spotify** investor. Parker talks about the future of the music industry: "I'm not actually sure why you would sign with a record label". On Spotify, Parker says its "an attempt to finish what I started at Napster". **WATCH THE VIDEO:** 

*Most of the music discussion happens from 9-18 minutes, then the discussion turns to what's wrong with Facebook and the glut of information.*