“In Spotify’s thinking, the cost of production is so low that artists don’t need record labels, whose marketing and distribution support isn’t as important in today’s decentralized model as it used to be.”— Lucas Shaw, bloomberg.comTagged: Spotify, Scale, Decentralized Media Distribution, Record Labels
“The old model favored certain gatekeepers, but today, artists can produce and release their own music.”— Daniel Ek, bloomberg.comTagged: Media Cliff Notes, Spotify, Future of Music