Except that generally labels fork out the cost (invest) in their artists releases, good labels do anyway. I'm not convinced a Silicon Valley company with a turnover of $$$Million should be the most recommended option for labels and artists who aren't at superstar status. BC's investment in any artist releasing there is negligible, yet they cream off 15% from everyone for basically that zero investment (servers aside), a killer business plan.
If it wasn't for labels searching, investing, risking actually, a hell of a lot of musicians would not be exposed or have the chance to be heard thus far. This shift to a generic form, or marketplace, also helps removes any choice of personal curation, of which good labels and shops build their reputation on, and in my experience is invaluable. Though as a listener if you prefer being spoon fed by an algorithm, and as an artist being lost on a supermarket shelf, then go for it.
Though BC very kindly offer the odd days off from their %, because most of us lowly non-superstar artists have just lost our main source of income with CVD-19 dismantling the infrastructure. The odd day off, yeah thanks. Egalitarian? maybe, zero investment and pure profit? Definitely. That smacks of other online monopolies to me.
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