So Spotify mad because people are enjoying their content? And some business guy was like, these jerks are listening to stuff and we not taking advantage of that money. Then they make up some crazy number they claim to be missing out on money.

“It can’t be that an Ed Sheeran stream is worth exactly the same as a stream of rain falling on the roof,” Warner Music Group CEO

But it totally can mean just that. This kind of cognitive bias is crazy for a CEO to have. He should embrace the fact that the consumers have spoken and generate professional quality white noise tracks. As an MBA, that would be my gut reaction.

How exactly is this lost revenue for Spotify, vs if users were listening to other tracks? It makes even less sense than piracy’s ‘every download is a lost purchase’ logic

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