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Spotify: Independent Music Friend or Foe?

Spotify LogoIn the last year, the Swedish music platform Spotify has gained considerable media attention in the United States with their free online streaming service. Although many are hailing it as a great way of discovering new artists and music, many are also criticizing the site claiming that it fails to properly compensate independent artists.

Spotify offers a free service that can be accessed online, while access from a mobile device requires a paid “premium” membership. Furthermore, the paid membership allows you to bypass the video and audio advertisements that are present with the free account.

In 2010, Napster founder Sean Parker invested $15 million in Spotify’s development, and has since been involved by sitting on their board. Spotify cracked the ten million user mark that same year, with a quarter of the accounts belonging to paying customers. After many delays and years of negotiation with major record companies, the site finally launched its US version in July 2011.

Spotify compensates artists via their record labels by paying for both downloaded content and streaming. In some countries, record companies have marked a significant increase in revenue since joining Spotify. Not everyone is happy however, American rock duo The Black Keys have gone as far as pulling their newest album El Camino off the site. So why are so many speaking out against Spotify?

How To Get An Internship In The Music Business Without Having A Single Contact

notepadpenSo… you want to be in the music business? There are a lot of you out there. I know this because I own a music PR firm and every time we put out a call for interns or jobs, we get somewhere between 100 – 250 resumes. Once upon a time, I was just like you- dying to follow my passion and aggressively trying to land a job in the industry of my dreams. It was a humbling and, at times, humiliating exercise so this dear young aspiring music business mogul is for you. Interns are much needed in every facet of the industry, and most of my music industry friends (myself included) started out as unpaid interns back in their day and we leveraged our unpaid internships into paying jobs.

If you live in or near New York or LA, this guide will be easy to follow step by step. But if you don’t, do not fret. You will be amazed at how many small music companies are thriving in practically every city and state.