Quote:
Originally Posted by
John Eppstein
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Don't hold your breath.
What makes you think they will raise royalties? The majors aren't going to push for it - they own 18% of Spotify stock, so they now have a vested interest in keeping royalties as low as possible.
Why should a decrease in physical sales motivate Spotify to raise royalties? It's in in THEIR interest.
Is this a conflict of interest or what? I smell a lawsuit brewing.
True; spotify would love for the cd to become obsolete just as netflix would love the dvd to. These streaming, or blanket services, are bad for the content providers but great for the company offering them, because otherwise they would have no business being in the distribution circle. The real area of interest is how the corporations/managment/content owners (in this case the majors) react to the situation; as long as they are doing at least as good as before in the long run, there is just no reason for them to be concerned with which other side gets screwed over. Good to see you back. Again.