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> Spotify did it right; they managed to put together a service that is actually better than piracy in the ways that matter to a typical consumer.

I disagree. As a listener, Bandcamp and Soundcloud fulfill my needs better. Artists are more willing to put their work on those services than they are with Spotify, and it's entirely understandable. With Bandcamp, there is a link to buy albums at their asking price while listening. Spotify listens will pay out fractions of a penny. The result is that other platforms will have new music that suits my tastes, and I will be lucky if rights holders will put the same content on Spotify within the next 5 years.