12 years ago
How Spotify Became the McDonald's of the Music Industry
Thom Yorke and Nigel Godrich caused quite a stir last week by pulling their music off Spotify, demanding that the service pay more to up-and-coming musicians. The thing is, however, that Spotify is already losing money hand over fist, despite expanding its user base dramatically over the last couple of years and only paying out pitifully small per-stream fees to artists.
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