Piracy is without a doubt, truly evil. It doesn’t help the artists, it robs them of their rightful revenue and is such a poor basis for a business model, it’s unworthy of consideration. Of course, new streaming sites are miles better, offering a legal way to listen to free music. Hmm – Lady Gaga got a million plays on Spotify and earned $167.
gagaIn August, Swedish artist and composer Magnus Uggla launched a scathing attack on the owners of Spotify. After discovering that Sony BMG is a shareholder and receiving virtually no cash from his music being played there, he withdrew his tracks from the service and stormed away, declaring controversially: “I’d rather be raped by The Pirate Bay.”
Nevertheless, Uggla insisted that Spotify is a fantastic service with a great range of music to sample. However, he felt that the fact he wasn’t getting paid was the fault of the major labels involved in the project (Sony BMG bought 5.8% of Spotify for 2,935 Euros, Universal Music got 4.8% for 2,446 euros, Warner Music paid 1,957 Euros for 3.8% and EMI pocketed 1.9% for an investment of 980 Euros), claiming that he “earned as much in six months as a BUSKER could earn in a day.”
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