When streaming became an option, music distribution platforms that appeal to a lower barrier of entry became more popular.
If the industry were refreshed today, it would make more sense to directly upload content directly to the streaming platform, like Apple Music or Spotify, just like we do with social networks.
Unfortunately, this put Spotify in a weird position because while they are a distributor, they are a secondary distributor. Unlike YouTube, or other platforms that directly host the content. (yes, I know they're hosting the audio files, but they are still secondary, because distro kid is primary).
Again, I pay for distro kid, everyone who uploads music to platforms, pays their distributor. So unfortunately, it's more complex than monetization and ownership rates around content on YouTube or something like that.
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