manicm said:
Music labels and Spotify will never be about altruism.
Whoever said it was?
Don't fool yourselves. And therefore true convenience may never materialise.
Of course it will, but not because it benefits the consumer. You give people music on-tap, on-demand whenever they want it, you have a price war because there are too many providers in the market, making it so cheap people don't think twice about paying the money. You make having music when you want it as much of a daily requirement to people as always-on internet is now, then once the smaller players have gone out of business and you have one or two providers with a virtual monopoly, you gradually crank the price up knowing that the vast majority will just keep paying, because they've got so used to a situation where they can have music whenever they want it and they won't want to give that up. Sooner or later either the labels buy up the streaming services or the streaming services buy up the labels and then you have one all-encompassing monolith controlling everything from the studio to the headphones (a la Netflix/Amazon). The shareholders will be delighted!