Spotify's imminent demise is predicted, citing its flawed model that exploits artists and lacks profitability. Major music labels have lost control over distribution to tech giants. Streaming music is commodified, treating it like a utility with no differentiation, which devalues it. The current pro-rata payment system favors megastars over indie artists, and to survive, artists must focus on direct ownership and building micro-communities instead of relying on streaming platforms.
https://joelgouveia.substack.com/p/the-death-of-spotify-why-streaming