Spotify Will Boost Music in Exchange for Cut of Royalties
gizmodo.com
gizmodo.com
Any advantage afforded to a given artist by engaging in this service will vanish once everyone does -- the end result is Spotify paying artists less while the artists get nothing in return.
I still think it's shady/shitty, but the scope does seem to be limited for now.
It does not say this will affect Discovery Weekly or Release Radar, although it's a slippery slope to those for sure.
Basically all I do on Spotify is to browse through song / artists radios to discover new music.
TFA isn't really news to you if that matches your usage pattern. It's immediately obvious how Spotify will REPEATEDLY suggest the same song. But I am glad to have my impression validated
And no, this isn't because "humans are bad at randomness and you don't actually want a random playlist of related artists"
I'm also a big fan of "<Artist> Radio" or of just making a playlist with 3-4 songs in it and then letting Spotify take over afterwards...
If I start seeing the same junk pushed into those playlists over and over, I will definitely reconsider my membership.
They should call it GroupiesDeLux
I could be not-completely-against-it if they:
Make this program available only for artists that have less than X Monthly Listeners, Give users the option to disable "boosted tracks" and set a reasonable ratio of organic/boosted songs (less than 5%, for example).
Some music distributors like The Orchard are doing something "similar" from their workstations: you can use the money you've generated from organic streams (and I think you can actually "borrow" the money they expect you to generate during the next quarter) to create paid campaigns on Facebook, Twitter and other social media.
My, how times have changed now that it is done right out in the open.
I’m confused.
E.g. short term profits at the expense of harming an industry or art vs long term profits by investing in its health.
Both are different ways for the shareholders to benefit.
If you profit by harming your industry (externalizing the harm) you benefit in the short term, but over the long term you risk the industry itself contracting, or another player finding a strategy that others in the industry want to support.
If you only care about short term profitability, then this doesn’t matter, but it becomes more important as the time horizon extends.
A stock that grows consistently over a long period is much better for shareholders than a series of quick pops.
Ask Warren buffet.
“what benefits those people varies a lot depending on timescale, and who those people are”
I guess we have come full circle.-
Paying somebody to put a song before the public.-
That means it will push the extreme Gini coefficient of music revenue even higher. The best-sellers will be able to pay and further reduce the opportunity for smaller artists to build an audience.
I do not see this as a good thing.