2min chapter

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Deep Cuts at Twitter, FTX Hack, and Friend of Pivot Joe Coscarelli

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CHAPTER

Is Spotify Making Money Off of the Arts?

The idea that you can have almost the entire recorded history of human music at your fingertips for however much it is, $9.99 a month. And the labels are making a ton of money, right? It's Spotify and streaming in general, rescued an industry that was long gone. But I think it's hard once people realize that everything is just there for you. The math just isn't there to be able to support all of these record companies and also the artists for the Pidley monthly fee we're paying.

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