Below you can find a YouTube version of Episode #36, How Spotify Monopolized Music.

In 1999 Napster rang the death knell for recorded music’s greatest cash cow, the Compact Disc. For the next two decades the music business languished as entrenched major players and upstarts to the industry struggled for market share and a business model that “worked.”

Twenty five years later, a consortium of the old guard and the new finally hit upon a scheme to extract the most from the labor of others. It’s Spotify, and our guest, Liz Pelly, author of the new book Mood Machine: The Rise Of Spotify And The Cost Of The Perfect Playlist, explains how its dominance is ruining music much more than helping support musicians.

This is not as heavily edited as the podcast is, it’s closer to the raw video of our taping session. We also have a rough transcript for you.

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Thanks for watching the show! We’ll have another one for you soon.

-David and Matt

Organized Money

Video and Transcript for How Spotify…