Spotify CEO says the album cycle is over

Amidst the COVID-19 pandemic, Spotify is doing well. The company's most recent quarterly earnings statement says that the number of listeners -- including the numbers of paying listeners -- is on the rise. In an interview with Music Ally, CEO Daniel Ek sounded frustrated with artists who complain that they're not getting much of that streaming revenue. Jay and Jade talk about Ek's pronouncement that 'you can't record music once every three to four years and think that's going to be enough.' Is this the end of the album as we know it?

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Spotify CEO says the album cycle is over is an episode from The Current Music News by Minnesota Public Radio.

This episode is 00:07:58 long.

This episode was published on Aug 4, 2020.

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