Spotify has found itself the target of artists’ ire for many reasons over the years: poor audio quality, terrible payouts, giving Joe Rogan millions of dollars… the list goes on. But recently it’s been CEO and founder Daniel Ek’s extracurricular activities that have been cause for consternation. Over the past few months his funding of German defense company Helsing through his investment firm Prima Materia has been the final straw for many acts, including Hotline TNT, Massive Attack, Godspeed You! Black Emperor, Deerhoof, and more.
Then, on Tuesday, Ek announced that he would be stepping down as CEO. Neither Ek nor Spotify gave any indicat …
This post offers an interesting perspective on Spotify’s situation. It’s clear that the platform has faced significant challenges in the music industry. It will be intriguing to see how things evolve moving forward.