And the last thing I want is the netflixification of music with every artist having their own app so you pay Taylor Swift $5/month for her label’s music. $5 to The Rolling Stones. Etc etc.
If you want to play specific songs on demand, or pay less than the statuatory rates, then the label has to be ok with it.
The labels and artists are ok with current Spotify/Apple/etc streaming rates.
I actually kind of like just buying albums at $10 a pop and storing them on my own cloud and streaming them around to wherever I want. That’s 12 albums a year so not terrible. And I own them forever.
and when I buy from an indie artist they get like $5-10 per album instead of $1.
That won't happen in movies and tv, because there's no blanket license available, and rightsholders sometimes refuse to license their content.
I’m a happy subscriber (and a Spotify/Apple Music refugee), but I can name zero Jay Z songs.
I hope they continue chugging along (and continue to pay artists more the Spotify), but if Taylor Swift can out-music-industry Square (now, Block), then I probably won’t complain!