The Real Reason So Many Musicians Are Frustrated By Spotify
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 1 April 2022
⏱️ 58 minutes
🧾️ Download transcript
Summary
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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| 0:46.3 | Hello and welcome to another episode of the Adlots podcast. |
| 0:58.9 | I'm Joe Weisenthal. |
| 1:00.6 | Unfortunately, my colleague, Tracy Lowe, is out today. |
| 1:05.3 | I'm kind of disappointed actually a little bit because |
| 1:08.0 | even though Tracy and I have been doing the podcast for several years now, |
| 1:12.9 | there are some things I still don't know about Tracy. |
| 1:15.1 | I don't really know what kind of music she's into, for example. |
| 1:19.3 | I've gone to karaoke with her a couple of times, |
| 1:21.4 | so I know a little bit about what she likes to sing, I think. |
| 1:24.4 | But in terms of what she listens to, I actually don't know. |
| 1:27.2 | I was going to ask her, as for myself, I'm 41 years old, |
| 1:32.6 | so I have very cliche tastes. |
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