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Speaker 1: Is Tiki Tani the start of something locally on Spotify?

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Speaker 1: Sotani if you have not up on this is pulling

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Speaker 1: his music from the platform, He argues, exploitation, poor royalty,

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Speaker 1: subsidizing big names, et cetera. Each stream owns an artist

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Speaker 1: around about one twentieth of descent. Paul Spain, tech and

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Speaker 1: business commentator with US Paul Morning.

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Speaker 2: Good morning mine.

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Speaker 1: So we got the bats as well pulling out. I

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Speaker 1: don't think Spotify is shaking in their boots. Is this

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Speaker 1: a thing though? Internationally?

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Speaker 2: Yeah, this has been going on for some time and

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Speaker 2: it doesn't seem as though yea, it brings much much

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Speaker 2: change or action at the Spotify end.

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Speaker 1: No, indeed not. I mean Taylor pulled out and she

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Speaker 1: came back, So if she can pull out and come back,

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Speaker 1: then nothing's changing. This is what it is, isn't it.

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Speaker 2: Yeah. Look, they're the most dominant platform for music streaming now.

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Speaker 2: I think something like seventy percent market share. You've got

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Speaker 2: YouTube Music as well, who probably pay out a little

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Speaker 2: bit more per stream, and Apple Music, who pay out

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Speaker 2: the most. The reason they're able to pay out the

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Speaker 2: most though, as they only have paid subscribers, whereas with Spotify,

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Speaker 2: you've got that free tier where it's ad supported. So

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Speaker 2: that's why they're in part why the numbers don't stack

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Speaker 2: up as well. Although Spotify have been increasing their prices

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Speaker 2: and they haven't been increasing their payout. So I think

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Speaker 2: there's a there's a fair point there from artists that

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Speaker 2: they probably should be getting a bigger slice of the revenue.

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Speaker 1: What's actually driving at most Is it the slice of

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Speaker 1: the revenue or is it this politics? And they invested

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Speaker 1: in some military AI and it's got all political Yeah.

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Speaker 2: Look, I mean I think that the investment from their CEO,

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Speaker 2: Daniel eck In healsing and he's also chair of the board,

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Speaker 2: so this is not just an investment. He's invested something

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Speaker 2: like a billion New Zealand dollars in there, and you

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Speaker 2: know they're a defense company. And I think that's that's

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Speaker 2: something doesn't align very well with a lot of artists

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Speaker 2: that that music effectively is funding it. There is a

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Speaker 2: flip side, though, and I think, you know, it's important

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Speaker 2: to remember, you know, if we look back twenty five

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Speaker 2: years ago, the music industry was being disrupted not by Spotify,

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Speaker 2: but by nap Start, and you know, at that point

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Speaker 2: we were moving into a world where nobody paid for

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Speaker 2: music any longer, and the future of music was, you know,

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Speaker 2: was very much in doubt. You know, today for musicians

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Speaker 2: to do well, largely you know, it comes down to

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Speaker 2: doing you know, live shows and selling merchandise. So you know,

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Speaker 2: we've had these sort of two big disruptions that technology

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Speaker 2: has has enabled and facilitated when it comes to the

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Speaker 2: music industry. But you know, I can, I can totally

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Speaker 2: understand why musicians don't really want to be associated with

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Speaker 2: what daniel 's doing.

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Speaker 1: Fantastic good on you, Paul, good to catch up. Appreciate

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Speaker 1: it very much, and despite how clear that was, he's

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Speaker 1: not in the next room. He's actually in Singapore, which

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Speaker 1: by my accounts about coulda past three or four in

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Speaker 1: the morning. So he wins these Simon Memorial Prize this

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Speaker 1: week for getting up early and actually appearing on the program.

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Speaker 2: For more from the Mic Asking Breakfast, listen live to

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