Yeezy taught me… Kanye West isn't afraid to be vocal, whether it’s about his personal life or his moves to take on an "oppressive" music industry. The artist now known by “‘Ye’” live-streamed a “Donda Experience” event on Tuesday to promote his new “Donda 2” album. Ye’s making the record available exclusively on a physical $200 “Stem Player” device (think: a new-age iPod that looks like a smoke detector). Why: Ye wants to bypass streaming platforms like Apple, Amazon, Spotify, and YouTube. Kanye also tried to skip those streamers with his launch event:
The revolution will be streamed… but it’s less certain where. Many musicians have criticized streaming platforms for their payout structures: artists reportedly earn only about 10% of streaming revenue, so they have to hit 1M streams just to pocket $5K on Spotify, Apple, or Amazon. Several stars have attempted to ditch major platforms in a push to better control their earnings:
Habit platforms are sticky… It’s one thing to fight streamer payouts, but another to fight listener habits. Taylor, Kanye, and Beyoncé can afford to ditch Spotify or Apple temporarily to fight for better terms. But they’ve all returned to where the ears and playlists are: Spotify and Apple have a combined global market share of more than 50%, but they’re not invincible. Example: Spotify shares fell 6% in the days after Neil Young jumped ship in protest of Joe Rogan’s vax misinfo, and they still haven’t recovered.