Second, creators are already exploited: Spotify is very much like the universal searchable information database for music, it just operates for profit rather than for artists, and rights-holders get a fraction of a cent per Spotify play, an amount that must itself split between the label, the producer, the artist, and the songwriter. The CEO of Spo... See more

There is an overload of music. 60,000 songs are uploaded to Spotify every day. Over 20% of those don’t get streamed even once. The ubiquitous access to almost every piece of recorded music in history has led to a paradox of choice, promoting passive and playlist-driven music consumption and creating winner-take-all effects for the biggest artists.

The main difference between Medium and Spotify is that Spotify is public about the share it gives to musicians (about 70%), because at least in the music industry, most of the rights are owned by a handful of labels who can pressure Spotify. Medium doesn’t face that pressure, because there are millions of writers who don’t coordinate. So Medium’s o... See more