July 20, 2011
Yesterday, I appeared on the WNYC’s Soundcheck with John Schaefer to debate Time Out New York’s Music Editor Steve Smith on the subject of Spotify and the rise of on-demand, cloud-based music streaming.
You can stream the segment here
My basic points are that services like Spotify, while advertised as being a viable alternative to illegal pirate websites and a great way for fans to find new music are, in reality, not all positive for artists and raise some important issues. In real terms, the royalties that are actually paid are laughably low. And the notion of cloud-based music poses a threat to an important royalty stream called the Mechanical License.