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How has technology impacted a struggling music industry?

Spotify

Rolling Stone has published a detailed look at the state of the music industry and technology's part in shaping it. The article discusses the recent shift away from major record labels, driven in part by artists' desire for freedom as well as the rise of dissemination platforms that make it easier for bands to obtain funding and bring their music directly to fans. As for platforms like Spotify, while they're valuable for letting people sample music, Fitz and the Tantrums co-manager Brian Klein doesn't think it's a sustainable business model for artists. Profits from Spotify "wouldn't even buy coffee for the whole band," says Klein. For a fairly comprehensive look at the major forces acting within the music industry, check out the full article at the source link below.

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