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The Real Reason So Many Musicians Are Frustrated By Spotify
Podcast |
Odd Lots
Publisher |
Bloomberg
Media Type |
audio
Categories Via RSS |
Business
Business News
Investing
News
News Commentary
Publication Date |
Apr 01, 2022
Episode Duration |
00:54:45

Earlier this year, there was a growing movement among some musicians (lead by Neil Young) to remove music from Spotify as a protest against Joe Rogan. But frustration at the streaming music giant goes back a lot further than that. And it has to do with how royalties are paid, and the lack of transparency about how music gets discovered on the service. On this episode of Odd Lots, Tracy Alloway and Joe Weisenthal speak with Damon Krukowsky, the former drummer of the indie rock band Galaxie 500, and one half of the duo Damon and Naomi. He gives us his perception of industry economics, and explains his frustration as an independent musician with how the service works.

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