A Quote by Sean Parker

Spotify is returning a huge amount of money. We'll overtake iTunes in terms of what we bring to the record industry in under two years. — © Sean Parker
Spotify is returning a huge amount of money. We'll overtake iTunes in terms of what we bring to the record industry in under two years.
There's definitely some sort of dissent brewing between record labels, publishing companies and artists [about the compensation they get from streaming services] Spotify is returning a HUGE amount of money [to the record labels]. If we continue growing at our current rate in terms of subscriptions and downloads, we'll overtake iTunes in terms of contributions to the recorded music business in under two years.
I had a period after touring the first record where I didn't agree with the way things worked in the music industry as far as how you release music, demand, the pace of everything. You don't know who's talking to you. Who's Spotify? Who's iTunes? Who are all those bloggers? Who says I have to do this? Why do you have to do all this press? Why do I have to do so many shows? Why do I have to do a regular album right now? I don't understand it.
If I get an iTunes check, I take the money out and say, 'OK, with this money I'mma go shoot me this many videos, with this money I'm going to do this amount of studio sessions.'
I suppose Spotify is a good thing. The ads are quite annoying, but a lot of people seem to like it and use it. I don't myself, but it seems like a good idea, and the labels are getting a huge amount of money off it, but the artists aren't, so that must be good for them... but not us.
With iTunes and Spotify and Pandora and this and that, you don't need to buy CDs any more.
Our commitment to Afghanistan is a long-term one. We put a huge amount of resources into trying to make sure there is peace in that country, a huge amount of development assistance, a huge amount of political support for the government.
In theory, when you're working with a record label, you're just borrowing their money. And that's basically how the record industry works, right? It's like, you borrow $100,000 from a record label, so you don't make any money until you make back that money for them. In theory, they have you held hostage, so you've got to do every little stupid thing that they want you to do.
I have an enormously privileged position. I make a lot of money - a matter of public record - I have a huge amount of help, and I'm more in control of the day and what I do than someone working shifts on the checkout, or running the produce department in a supermarket.
The reality is that politicians, in terms of the amount of power they wield and the amount that they work, don't actually make that much money.
One of the simplest ways to get an idea of one trillion dollars is to consider the amount in terms of the passage of time. One million seconds is equal to roughly eleven days and twelve hours, and one billion seconds is thirty-two years. One trillion seconds equals thirty-two thousand years.
Whenever I approach a record, I don't really have a science to it. I approach every record differently. First record was in a home studio. Second record was a live record. Third record was made while I was on tour. Fourth record was made over the course of, like, two years in David Kahn's basement.
There are a number of start-ups in Europe that are able to reach beyond their own country. Take Spotify - Spotify just in Sweden isn't that interesting compared to Spotify all over the world.
If you look at something like Spotify, many record labels are investors in the company. So from that standpoint, the money is all going back into the labels.
We've always actually been remarkably commercially successful. Not in terms of making huge amounts of money, which we rarely do, but in terms of not losing money and making modest amounts of money. We're actually strangely consistent in that respect.
I imagine if Spotify becomes something that people are willing to pay for, then I'm sure iTunes will just create their own service, and they're actually fair to artists.
Music as a whole industry is growing exponentially, but in terms of the actual music file, when you look at the actual value there, to me, 'The Beatles' catalog should be worth more than Spotify.
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