Apple, Facebook, Amazon and Google have a monopoly on the market and when this occurs, we no longer have a choice, so prices would eventually go up. As much as I love using Spotify, what do you reckon is going to happen when it reaches critical mass and they have a monopoly on the market.
The monthly price would go up, as history is only too keen to tell us. And when prices go up, innovation ceases and the consumers are then left with no voice and we then silently wait for the next revolution to take away this monopoly. Of course a key role of our governments is to make sure monopolies don’t exist, but everytime they pass a piece of legislation, they more or less give rise to monopolies. Don’t even get me started on the copyright monopoly mess governments have created.
Spotify, as much as I like using the service, gets on my nerves because it can’t distinguish the difference between artists with the same names. On my recent release radar I had “new releases” from dance acts called Tesla, Keel, Vandenberg, Exodus and Badlands. I like and follow the ROCK and METAL bands, not these crappy dance artists.
Even Kingdom Come’s Spotify profile is corrupted with music from another act called Kingdom Come which has nothing to do with Lenny Wolf’s version and their styles are completely different. So for all Spotify’s innovation, they fail on the most basic task. Keeping the acts unique, regardless of similar names.
Also, I still cant understand how acts can have some of their albums on the service but not the other albums in this day and age. Night Ranger’s biggest albums are not on the service. Y&T’s Geffen output is not on the service. Yngwie Malmsteen and Cinderella had their music on the service and some of their definitive albums from the 80’s are now absent. I don’t believe this is Spotify’s fault. The blame is on the artist or their label or some contractual clause over what monies are owned.
And while I type this, I got an email from Netflix saying my monthly subscription is going up to $13.99. The reasons for the increase was a one line paragraph, saying “to keep on delivering the best service possible”. So I’m working the numbers through in my mind. I might watch a TV series once every 3 months because of the time investment needed. The last one I watched was “Altered Carbon” and that happened over 10 days, and I started “The Rain” three weeks ago and I’ve only watched one episode.
So the price increase based on what I watch is not worth it in my mind. My kids rarely put it on anymore as they are hooked on Fortnite and YouTube videos of people playing Fortnite. Yep, you’ve read that correctly. It doesn’t make sense to me either.
But like all technology companies, once you reach critical mass, the price goes up. Maybe it’s time to reassess my financial commitments to these organizations.