Until a few years ago, I was deriving 95% of my income from selling digital singles; if there's anyone who should be afraid of streaming, it's me. Instead, I'm watching my fanbase grow exponentially as my fans utilize social networking and streaming sites like Spotify to create an honest to goodness grassroots movement.
Every week still it seems that I hear that something new will "kill the radio star". Spotify will kill off radio, Pandora streaming will kill off radio, Nick Grimshaw will kill off radio. It won't. Technologies change, but radio isn't a piece of technology. It has a soul, it's a connection... it's my friend.
When an artist friend of mine shared a news story on his Facebook wall echoing the familiar 'my-song-has-been-played-a-million-times-and-I-earned-nothing' lament of the post-Napster music industry I thought I would ask Spotify directly - just how do artists get paid when their songs are played on Spotify?
Ministry of Sound recently became part of one debate after beginning legal proceedings against Spotify over the protection of our intellectual property. However, notwithstanding our own battle, I'd argue that there are bigger, fundamental questions to ask about Spotify - questions which affect our industry as a whole.