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The Spotify Techsodus - Should Artists Really Be Leaving the World's Biggest Streaming Platform? - 374

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This week we're diving into why bands like Godspeed You! Black Emperor and King Gizzard are pulling their music from Spotify - and why it probably won't change anything.

It's a trickier situation than it seems, but the whole mess starts with Napster in 1999. 80 million people sharing MP3s illegally crashed the music industry, dropping revenue 15% in four years and creating a chain reaction that led to piracy running rampant for much of the 00s.

Enter Daniel Ek in 2006 with Spotify, which was built initially using pirated music from The Pirate Bay, telling you everything about how much they value artists. But it worked. By offering free access to entire music catalogues (with ads), Spotify created something no competitor can match without hemorrhaging money.

Today, 412 million people use Spotify's free tier. That's the foundat ... 

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