Nice piece by Bob Lefsetz on the whole Spotify thing:
The truth is, if youâ€™re a superstar, thereâ€™s still plenty of money in music. And superstars are the future, because no oneâ€™s got time for any less. Just like thereâ€™s one iTunes Store, one Amazon and one Google, we donâ€™t need a plethora of me-too acts, we just need excellence.
It’s a bit more complicated than that, of course, but what it boils down to is this: the money in music isn’t where it used to be. For bands who don’t already have a following, streaming services are marketing channels, not cash generators.