Spotify CEO sparks backlash after social media post that claimed the cost of making "content" is "close to zero"

2 years ago by CarCdrCons to c/news

Spotify CEO Daniel Ek touched the collective nerve of the music world by saying it costs almost nothing to make "content"

Spotify CEO Daniel Ek sparked an online backlash after a social media post in which he said the cost of creating "content" is "close to zero".

The boss of the streaming giant said in a post on X: "Today, with the cost of creating content being close to zero, people can share an incredible amount of content. This has sparked my curiosity about the concept of long shelf life versus short shelf life.

"While much of what we see and hear quickly becomes obsolete, there are timeless ideas or even pieces of music that can remain relevant for decades or even centuries.

"Also, what are we creating now that will still be valued and discussed hundreds or thousands of years from today?"

Music fans and musicians were quick to call Ek out, with one user, composer Tim Prebble, saying: "Music will still be valued in a hundred years. Spotify won't. It will only be remembered as a bad example of a parasitic tool for extracting value from other peoples music. (or "content" as some grifters like to call it)."

Musicians weighed in too, with Primal Scream bassist Simone Marie Butler saying: "Fuck off you out of touch billionaire."

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Guntrigger 113 points 2 years ago

"Also, what are we creating now that will still be valued and discussed hundreds or thousands of years from today?"

Certainly not your vapid tweets, mate.

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aeronmelon 39 points 2 years ago

Musicians are remembered for hundreds of years.

CEOs are not.

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Tikiporch 8 points 2 years ago

CEOs haven't been a thing for hundreds of years, but many come to mind for most folks. In fact, I'd wager most can probably name more "CEOs" from the 19th century than they could musicians. Rockefeller, Vanderbilt, Carnegie, Ford. Some say they were Captains of Industry, others may, more accurately say Robber Barons. Good or bad, we remember them.

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dditty 9 points 2 years ago

If he doesn't believe current music will stand the test of time, he's in the wrong industry

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