Maybe Spotify does have some use for emerging artist if it really does have that effect.
So basically Spotify is just legalized piracy? If it is benefiting artists than that's fine, but that might not be such a fantastic thing if it isn't.
The thing is that a lot of big bands started out by encouraging things very much like "piracy." Metallica wouldn't be discovered and thus not big without the tape trading they had back in the day, at least as far as I understand it. That's how you initially get things going. Get your music to as many people as possible for as little work to you as possible and build a name through that. Then people will come to your shows, you'll be discovered, and you have a fanbase of people to buy your next thing. What's better for that than things like streaming services? I remember a few indie artists on here saying hey go listen to my stuff on band camp or spotify and buy it if you like it. That wasn't possible years ago. So while Metallica had to take a leap into a label to take the next logical step in their progression, some bands going forward might not
have to do that.
I think spotify helps bands on a bit of a curve. Starting out and getting into that sort of next tier of exposure worldwide, it helps. Once your face is already everywhere and everyone knows who you are, then it hurts. Basically when no one knows who you are, exposure is very important, and getting some revenue on that is great. When everyone does, then yeah you're just eating into some of your sales.
Isn't he an accountant or something? I don't think anyone knows his real job.
I don't think he's ever made the details of his job public.
In
this interview he says "A big part of what I do for a living is travel."
He also says there "All the profits that I make I’ve used for equipment – I bought a new computer, a guitar, obviously, guitar strings. Then, of course, putting out albums – everything is funded. At this point, it’s a self-sustaining machine."
This is a guy that refuses donations from fans (says so in that interview), puts everything up for free, and has only toured once. He's not living on his art, but he could very well be if he actually wanted to, and that's because of the wide distribution the internet and streaming services like spotify and band camp give him.