The impending Spotify takeover


Spotify has taken over. Founded by Daniel Ek in Sweden in 2006, the company is now based out of London but is used in 20 countries. Just yesterday, Spotify was released in Italy, Portugal and Poland. The music-providing program, which just hit 20 million users, features even the most obscure artists, and often will have their entire discography.

So what does this mean? A good analogy is what happened to Blockbuster when Netflix took over the movie rental business. 

Cheapo Records already shut its doors. In an email to the Statesman, owner Jason Shields cited "a lack of brick-and-mortar music sales and the increasing competition of online music stores.”

This is just one example of how increasingly lethargic technology can make us. You can shop online, stream movies and music and order delivery for dinner. But what’s the fun in that? What will we gain by doing everything from the comfort of our beds?

Ancient Greek Bards could gather entire communities to listen to their tales. Now we can experience a story at the push of a button. And we usually do it in solitude.

Spotify will monopolize the music business and hard copies of music will soon be like ancient tales — lost traditions.