The Bunker

Kicking and streaming: Can Spotify survive?

11.09.2023 - By PodmastersPlay

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Spotify dominates the music industry – but artists struggle to profit from the platform. What if that power balance shifts? Although the streaming platform is on track to reach one billion users by 2027. Can the streamer perfect the mix of corporate profits, customer satisfaction and pay musicians more than a fraction of a penny per play?

Andrew Harrison is joined in The Bunker by music business and tech journalist Dr. Eamonn Forde to discuss Spotify's uncertain future.  

“Spotify was created to compete with illegal music services like Napster.” – Dr. Eamonn Forde

“Apple was slow to streaming, Steve Jobs always felt that it was a ridiculous idea to ‘rent’ music” – Dr. Eamonn Forde

“The CD market had a phenomenal growth curve that was completely unsustainable.” – Dr. Eamonn Forde

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Written and presented by Andrew Harrison. Producer: Liam Tait. Audio editor: Jade Bailey. Managing editor: Jacob Jarvis. Music by Kenny Dickinson. Group Editor: Andrew Harrison. THE BUNKER is a Podmasters Production.

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