Comment on How Spotify started — and killed — Latin America’s podcast boom.
circuscritic@lemmy.ca 3 months ago
I don’t see the issue here.
I detest what Spotify has been, and is doing, to artists, but this isn’t that.
Spotify jump started a market by infusing it with cash, and then ran out of cash. It sounds similar to when a patron of the arts no longer has the funds available for patronage.
Yes, it sucks for those people who lost their funding, but podcasts are profitable all over without the patronage of Spotify.
I realize that those with a large overhead, or those who are otherwise just unable to adapt, are in a shit situation, but I suspect the rest of them, and those that follow, will adopt the modernization strategies of other successful podcast markets.