this post was submitted on 17 Dec 2023
514 points (90.0% liked)
Technology
59092 readers
6622 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Pretty sure Spotify is more powerless than you think. The record labels nearly burned their industry to the ground in the 2000s over digital piracy.
Netflix wouldn't be around today if it wasn't for their move into becoming their own movie studio thanks to just about every big Hollywood studio pulling out, arrogantly thinking that they can each run their own service for a bigger slice of the pie. Newsflash, it's going really bad. Especially for Disney, who deserve everything coming to them.
I reckon if Spotify makes even a small move to undermine the big record labels, they would yank all the popular music. Spotify either wouldn't last long or best case they down size into a niche music platform.
I can't like a statement hard enough. Amen.
Basically the moral of the story is that Spotify should have followed in their footsteps and become their own record company.
Moral of the story is people should stop lowering their standards so those richer than them can be even richer.
Hold on, what's going to happen to Disney? I got the impression they're really eating into Netflix' market share. They basically own a huge chunk of the content most people care about.