That's a lot of dome wax and I should know

Look how successful! At only 26! Not broke like some loser musician...

#spotify #greed

So why do you keep using it for free loser? Go away.

http://entrepid.sg/spotifys-revenue-model/

thought you guys'd be interested in this too..

Well, well the defenders of Mr. Ek.  Between Ek's connection with former Napster founders, who started this whole mess along with a 12 year slide in revenue for artist.  

Spotify's nearly 20% equity stake from the record labels as part of their licensing "negotiations".

His deals with AT&T, McDonalds and other MAJOR corporations to enable them to stream music FOR FREE.  Well wait, that's not entirely true.  While the musicians will lose out on lucrative licensing fees, Spotify will gain loads of new subscribers and probably a couple of bucks.  AT&T, McDonalds, etc.? Now they can save on all those bothersome licensing fees. 

You have to admire his brilliance, even if it comes off the backs of others hard work.  And we thought only Wall Street was that evil.

So Mr. Ek, next time you walk by a street musician, drop in a couple bucks in that beaten up, well worn guitar case; does that sound fair?

So you can join us at https://www.fareplay.org

Learn more here:  http://thetrichordist.wordpress.com/2012/04/23/musicians-pov-give-it-to-mikey-hell-eat-anything-spotify-is-good-for-you-yum-yum-part-1-of-5/

Or prattle on about his success.

Or we can just choose not to listen to you. Spotify is AMAZING and is the FUTURE....

Spotify does present an empowering opportunity for the artist, especially the independent artists, who have the right to pull their music from Spotify.

And unlike underregulated file sharing sites, Spotify does have to comply with take down notices without the benefit of reposting the content immediately afterward.

As cloud computing mushrooms and creates new challenges, this is a legitimate opportunity for artists to participate in setting the price for sustainable compensation.

And for those artists who want to give it away, now you will have less competition.

Will Buckley, founder, FarePlay

I have a B2B background music business and 'free' is pretty tough to compete with. Services like Spotify and the labels themselves have devalued music, depriving artists and (music) businesses alike. 

I don’t see it as “big label” or “huge start up”, it's a club for the megalomaniacs; where salaries and personal wealth take precedence over profitable performance. I doubt that the megalomaniac is concerned about longevity of a business; it’s about what’s in it for them in this lifetime. 

How is this fair??!

..because he had the vision to create this business. You could have too. That's what seperates young successful tech CEO's from the rest..they have the balls to get off their arse and take it on. It's not easy founding a startup - lots of hurdles and setbacks that people like Elk find a way to battle through. He merits it. 

Exactly. 

The funny thing is, Ek was a multi millionaire YEARS before Spotify was even a twinkle in his eye. This guy was working his ass off as a programmer in his teens from a shitty part of Sweden then managed to navigate his way through the tech world to where he is now. 

PS, no one ever said business, let a lone the music business was fair. 

Right on! Nothing but cry babies on here. They are all living in the past like the record companies did for so many years and look at where they are now.

Always appreciate the petit bourgeois rationalization of how one hard working individual is rich and the other equally hard working individual is forced to become a wage slave because of circumstance.

A working class hero is something to be

Love me some John Lennon!

Artists are making pennies from Spotify but their CEO has a net worth of $310 million!

At least they're making something.

Aw yes.  Let the peasants eat cake.  How.......revolutionary

Shup the hell up! It's much better than people downloading their music for free on torrents.

Ahhh, the digital technocrats come out to play!

Hell of a lot better then being a digital techpublican!

This is why I am a techertarian!

Ek was the CEO of uTorrent at one point.  you do know that right?

Is Ek really in the music business or in the record distribution business?  Elton John, Mick Jagger, Clive Calder, etc. are but Ek and a few other names?  It's like saying that Steve Jobs was in the music business because of iTunes.  I'm sorry, did I miss where Ek signed a recording artist?  Did he ever try to promote a record and get it noticed (other than on Spotify)?  Let's be real.  He and those like him are in technology and do not give two **its about music - only making money from music and those who create it.

Go back to your illegal torrents cry baby.

Woah!

Spotify's CEO is worth this much? What about artists? The company wouldn't be a company if it wasn't for the music!

True. But where are the artists without Spotify? Spotify is the future whether you like it or not. #DealWithIt

Spotify's CEO Has an Estimated Net Worth of $310 Million

Or 88 bazillion bazillion bazillion plays of Sheriff Fatman.

Spotify's CEO has a net worth of $310 Million because of a simple music platform. Proves what quality execution can do.

Bravo! Wells said.

MOG is so much better than Spotify. Best audio quality out there outside of an actual CD. Even better than iTunes.

Lots of trolls on this thread

I must kindly disagree with you. I think they are the common man just keeping it real.

Trolls? I see no trolls, whatcha talking about, man? I only see you.

Tough call ... actually selling your musical creations and making money or giving them away for $0.0004137 a play.

There are some wankers of the highest order making comments here without realising some simple truths:

1. Musicians make music and can actually decide where it goes.

2. If independent musical careers become unsustainable, all that will be left is music produced by televisions shows such as 'Idol' and the like. If thats where your musical taste lies, then fine, suck on Satan's c*ck (to quote Bill Hicks) and chug that product down.

3. Real music made by real artists who resist the system, stand strong and dont bend over for the latest fad business model, will live (and create) on - they always have. Spotify and all organisations who do their best to screw the artist instead of sustaining them, will eventually burst like just another dot com bubble. 

The future? nah ... It cant survive without people who CREATE things of depth ... you know ... MUSIC

Oh, I bow down to you Englishman; you know all. Not. Just your opinion. That is all. Cheerio.