1,034 karma · joined March 13, 2012
IMO that logic is very flawed, but it’s still pretty trivial to find examples of how m&a has fueled market power expansion e.g. fb and instagram or google and doubleclick. Anticompetitive behavior is perhaps harder to pin down legally, but we’ve clearly not yet achieved some tech utopia.
My pie in the sky recommendation would be to figure out a way to offer a record label's services for free without exclusivity. Then existing labels will have nowhere to turn.
edit: wow this triggered some people. somehow 'if they are at fault they should be punished' got interpreted as 'they are not at fault and should not be punished'
> as they scale up they'll have more leverage with the rights holders
My comment was making the point that simply scaling Spotify does not solve their publisher/supplier costs because the publisher scales with Spotify.
Your response basically switched to the publisher's POV in talking about how publishers are incentivized to commoditize spotify's position in the market. (which is true, but not relevant here.)
I was just casually trying to imagine a scenario from Spotify's POV regarding how would they might gain leverage against publishers. IMO anything that involves labels seems like a fail.
Spotify's only path to success might be to offer some direct to consumer mechanism that eliminates the need of a label, even their own.
I'm guessing its a user acquisition tactic for people who traditionally invest in mutual funds, ETFs, etc. this way they feel like they "understand" what they're buying into instead of actually needing to suffer through the learning curve of how blockchain works.