Author and journalist, Liz Pelly: “Spotify is not the music business – it’s the technology industry”
“People are always wondering: how could the person who runs this major streaming service be so out of touch with the lived reality of working musicians?” she says.
She also feels the thesis around streaming “saving” the record business is erroneous. “It’s maybe not the popular perspective in the business press, but I don’t necessarily see drawing venture capitalists into music as a good thing for music,” she says. “The problems created by venture capital aren’t going to be solved by more venture capital.”
