Tuesday, June 4, 2024

SPOTIFY : CEO DANIEL EK SPARKS BACKLASH FROM CREATIVE COMMUNITY STATING "CREATING CONTENT COSTS CLOSE TO ZERO"

 

 

 SPOTIFY CEO  DANIEL EK has sparked out rage over comments sent in tweet stating "CREATING CONTENT COSTS CLOSE TO ZERO". We all know that to not be true, as it costs money for recording studio time, music gear and the artist see zero royalties until they recoup the labels expenses. 
 

SPOTIFY have also increased prices on their plans,  


FROM CNN:

 https://www.cnn.com/2024/06/03/tech/spotify-price-increase/index.html?Date=20240603&Profile=CNN&utm_content=1717436401&utm_medium=social&utm_source=facebook&fbclid=IwZXh0bgNhZW0CMTEAAR0bIKYguHcWAlssmuR5_bkuE2PPqyUmJs_f5wnpNbNnD9Qg654ljoyua84_aem_Ab0rW9lfnrRZUBW-TFBOUYn9MoV26kvimviyQp-jVuLvcA5OIw49If1K8LoP1azU8eb1MKW7QwsZ8jiiqUtZhuyG

 

 

FROM SPOTIFY CEO DANIEL EK:

 


“Today, with the cost of creating content being close to zero, people can share an incredible amount of content,”   “While much of what we see and hear quickly becomes obsolete, there are timeless ideas or even pieces of music that can remain relevant for decades or even centuries.”

 

 

Thanks-Stay Metal, Stay Brutal-\m/ -l-