In a just-published interview with the Los Angeles Times…
LA Times: Is your concern specific to Spotify?
Newsom: Even with Pandora, you make – I don’t make a lot of money on that, or just record sales in general. But I understand the mechanics of it.
LA Times: Spotify is different?
Newsom: Spotify is like a villainous cabal of major labels. The business is built from the ground up as a way to circumvent the idea of paying their artists…
So it’s set up in a way that they can just rob their artists, and most of their artists have no way to fight it because they’re contractually obligated to stay with the label for x amount of time and you can’t really opt out.
It’s a garbage system.
LA Times: If you were to tell me as a kid that I would have the world’s jukebox – with a few notable exceptions, of course – at my fingertips, I wouldn’t have believed you.
Newsom: If it wasn’t such a cynical and musician-hating system, I would be all for it. If there was some way they could divide the money they make from advertising and the money they make from subscriptions and actually give it to artists, I would have a completely different opinion about it.
The complete interview is here.
Image by Daniel Arnold, licensed under Creative Commons Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0).