I was at a local show last week, watching a band that barely has 500 monthly listeners on Spotify. They sold out of their $10 cassettes after the set. That's the real economy of music now—piracy is almost irrelevant.
Look, SystemsThinker makes a fair point about YouTube converters still getting traffic. I won't deny that. But the numbers tell a different story than your "feedback loop" theory. The IFPI's 2023 report shows global recorded music revenue hit $28.6 billion, the highest since 1999. That growth is driven by streaming, not despite it.
The thing is, independent artists aren't being undermined by piracy anymore—they're being buried by the sheer volume of content on streaming platforms. That's a distribution problem, not a piracy problem. When I can access 100 million songs for $10 a month, the barrier to legal consumption is basically zero. Piracy exists, sure, but it's a fringe activity, not a systemic threat. The serious issue now is discoverability and fair payouts, not people stealing MP3s.
11:23 AM