RT SunRadioTX: Remembering Larry Monroe today on what would've been his 80th birthday?️??Ĭelebrate Larry's birthday by tuning into KDRP… 2 days ago WSJ has now reported on Facebook’s late Friday settlement avoiding apex depositions of Zuckerberg, Sandberg, and… 2 days ago You can set for daily or weekly notifications.įollow Artist Rights Watch Follow Artist Rights Watch, the news source for the Artist Rights Movement Follow The Trichordist on Twitter More on that later…Įnter your email address to follow this blog and receive notifications of new posts. The record industry might also want to reconsider who it chooses as friend and foe as well. If Spotify wants musicians to take it seriously, perhaps it’s time for a CEO musicians can respect.
This realization should not come as a surprise to musicians when they learn that the CEO of the largest and most used on demand streaming company was both the Co-Founder and CEO of uTorrent, “the world’s most popular BitTorrent client with more than 100 million downloads.” Right now there is little functional difference to most musicians between music streaming and music piracy. “The main reason music streaming services are winning over millions of consumers is the fact that they require no payment unless the user desires to pay.” – Music Streaming vs. Kim Dotcom’s fortune has been recently estimated to be $200 Million Dollars.
Utorrent cost utorrent#
It could be argued that uTorrent and Megaupload have participated in business models enabling one of the largest transfers of wealth in history from individual creators to Silicon Valley companies and operatives.ĭaniel Ek is reported to have a net personal wealth valued at $400 Million Dollars. Ek like his previous cohorts Bram Cohen and Matt Mason would like to say that BitTorrent is not a piracy platform, however multiple independent studies have repeatedly concluded that 99% or more of the files being distributed via BitTorrent are in fact, infringing.Īll of this of course points to the fact that Megaupload and BitTorrent have hidden behind the DMCA, which has failed at it’s intent to protect artists. uTorrent is self described as “a free-of-charge, ad-supported, closed source BitTorrent Client.” Megaupload and uTorrent have both relied heavily on advertising for revenue. In other words, infringement as a business model where the cost of goods goes unpaid and creators are uncompensated. Megaupload and uTorrent have monetized the mass scale distribution of infringing works for profit.
The cost of music is not in the distribution of music, the cost of music is in the creation of music. In many ways both Ek and Dotcom represent the same devaluation and destruction of the arts by building personal fortunes as the result of monetizing the work of creators, without paying those creators for their work. Here we have Bram Cohen, Matt Mason and of course former uTorrent Co-Founder and CEO Daniel Ek (still prominently displayed). In the screen shot below from the TechCrunch, “CrunchBase” we see the BitTorrent cast of characters we’ve gotten to know so well sharing duties at uTorrent. This week the embattled Dotcom is said to have given up his stake (and shares) in his much ballyhooed digital music company Baboom. uTorrent is described as “the world’s most popular BitTorrent client with more than 100 million downloads” on Mr. Perhaps it is ironic that Kim Dotcom is the arch nemesis of the record industry while Spotify CEO Daniel Ek is celebrated as the former Co-Founder and CEO of uTorrent.