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SpotiWHY? Are Subscription Music Services A Sustainable Business Model?

MUST READ: Subscription music and streaming services have been everywhere lately especially Spotify – a service that many either love or hate. We've covering Spotify’s controversy with artist payments and. Continue reading [https://www.hypebot.com/hypebot/2011/10/spotiwhy-are-subscription-music-serv

Streaming-music-services-2

MUST READ: Subscription  music and streaming services have been everywhere lately especially  Spotify – a service that many either love or hate. We've  covering Spotify’s controversy with artist payments and labels pulling  out in protest. Artist Zoe Keating posted on Spotify's  fairness to indie artists and music’s niche economy. It's clear that the  way people consume content is moving towards streaming and  subscription services instead of ownership, and on Music Think Tank, Frank  Woodworth has written an essay that tries to answer 4 key questions  about the shift:

1) What is the revenue potential for subscription music services?
2) What are the most likely rates per stream?
3) How much money can an artist expect to make from subscription music?
4) Is a compulsory rate a sustainable business model?

“Spotify has been both the most visible and the most vilified of the new companies.” (Read On)