Monday, July 15, 2013

Capital

This is a very interesting article by Damon Krukowski from Galaxie 500 that explores how online music streaming sites like Spotify operate, and what specifically they do for new artists. Nigel Godrich and Thom Yorke made waves this week when they pulled their new Atoms for Peace album and Yorke's Eraser record from Spotify.

http://pitchfork.com/features/articles/8993-the-cloud/

Spotify has released a statement in response to Thom and Nigel's stand that I won't bother linking. Suffice it to say that it doesn't really say anything at all, just bland generalizations and non-specific points about Spotify's so called commitment to investing in new talent. No hard numbers or examples are given. It sounds to me like a lot of the same bullshit that the music industry has been proffering since the internet was invented.