By Rose Sanchez, Complex Music / Sneakers / Pop Culture | Jimmy Iovine believes music streaming services are “minutes away from being obsolete,” seemingly due to a disconnect regarding the wants and needs of today’s artists. In an interview with David Senra, Iovine called the relationship between artists and music streaming services “one-dimensional” because the former does not benefit from the current structure.
“It’s one dimensional. It’s an ATM machine. You put your money in, you get your music,” he said. “They don’t do anything for the artist.”
Iovine believes today’s artists are primarily concerned about connecting with their fans and promoting themselves, while those behind the music streaming services continue to push a self-centered agenda.
“The artist wanna communicate with their fans, period. That’s what they want,” he explained. “They wanna communicate, they wanna market themselves, and the streaming services are still saying, ‘We’ll put you on our list, if you’re nice to us, or if you like us.’ That’s bullshit.”
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Read more about Mr. Iovine’s thoughts here:
https://www.msn.com/en-us/news/technology/jimmy-iovine-says-streaming-services-are-minutes-away-from-being-obsolete/