this post was submitted on 06 Jul 2023
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Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ
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Because they realized people are willing to pay for extra subscriptions. Production studios created their own services while keeping their IPs exclusive rather than licensing it to third parties. They make more money this way until people stop subscribing to every new service that comes out each month.
Music has the potential of undergoing the same path. I wouldn't be surprised if major labels like UMG, Warner and Sony pulled content from Spotify and other services and creating their own. Let's just hope people smarten up so this doesn't happen anytime soon.