The big and the biggest
November 13, 2020
The Baffler: Spotify only works for the stars
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A serious analysis in the Baffler of Spotify and its business model: "Over the past year, Spotify transformed its stated aspirations as a company. It used to see itself as the go-to platform providing 'music for every mood and moment' - not just a music streaming service but one that knows your taste better than you know it yourself. That changed in February 2019, when Spotify announced its acquisitions of Gimlet and Anchor in a letter declaring itself 'Audio First'". Spotify went wider with the content becoming a podcast company as well, but - "in many ways, though, the $50 billion company is treating podcasters similarly to how it has historically treated musicians, with a system that privileges the already moneyed and powerful".