
374. How Spotify Saved the Music Industry (But Not Necessarily Musicians)
Freakonomics Radio
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The Evolution of Music Consumption
This chapter explores the transformative effects of early internet access and file-sharing services like Napster on the music industry and consumer behavior. It reflects on personal experiences with music piracy as a means of discovering diverse artists, while discussing the industry's failure to adapt to changing demands and the minimal impact of piracy on legitimate sales. The narrative also details the origins of Spotify and its vision for providing unrestricted access to music, alongside the historical context of digital piracy's influence on music distribution.
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