Spotify Exodus: Spotty Lies Cover Up Music Licensing, "Administration" & Distribution Deals to New Music Rights Management Firms
Canadian Musician Neil Young apparently cancelled his record label's digital music licensing & streaming deal with Spotify this week for reasons; vaguely hateful & poorly defined.
The politicization of your own personal health matters continue through social media's related #hashtaggery, indecipherable opinion and online perception management tactics all being displayed aggressively. I knew there was more to this latest online outrage so I decided to scratch beneath the digital veneer and sadly. I didn't have to scratch deeply at all.
I say sadly because the alternative narrative that bled through isn't one which requires any stretch of the imagination, nor expert investigative analysis: it's a mundane narrative of #BigFinance, money movin' and wheelin' n' dealin' we've all heard so many times before.
Guess it doesn't make for good journalism knowing that the already rich are getting richer, doubly so in this story where respected recording artists are able to weave huge song licensing, digital streaming and distribution deals into a political narrative (probably receiving a sponsorship or grant or donation from the global health order's #MedicalMafia henchmen for being an "Influencer" helping online perception management goals).
In this article I explored a different angle as to why Neil Young, who is now joined now by my beloved songstress Joni Mitchell, (plus a growing list of other musicians/ recording artists/ social capital stakeholder "influecers"), spat into the eye of Spotify over Joe Rogan's podcast spreading alleged #misinformation regarding #covid-19.
Spotify Loses Value on the NASDAQ Due to Neil Young Cancelling His Spotify Deal
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This article mentions that Spotify's share price (NASDAQ: SPOT) was already on the slide so all the reporting that Neil Young made Spotify lose billions of dollars is not all that accurate. The article also goes on to compare Spotify's slide in stock value to Netflix's.
Kinda strange that Variety Magazine will use a hyperbolic headline but then debunk it in the body of their article.
NEIL YOUNG SIGNED A NEW DIGITAL DISTRIBUTION, ADMINISTRATION & LICENSING DEAL WITH "HIPGNOSIS"
Neil Young sells 50% of entire song catalogue rights to Hipgnosis - The Guardian, January 6th 2022
How Much Influence Did Pfizer Have Over Neil Young's Decision to Try to Cancel Joe Rogan on Spotify? Owners of His Music Rights Are Advised By Pfizer! - by
, January 30th 2022
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"Ultimately this is a complex subject area with lots of arguments and issues on both sides (though, guess you can’t even say that anymore). Just from a dollars+cents (ie business) perspective, if more legacy artists keep pulling catalog in protest, these extremely leverage funds (a la Hipgnosis) are in some trouble. Mercuriadis often enthusiastically cites upcoming publishing rate increases on streaming platforms, specifically Spotify, as rationale for all his outsize acquisitions. That was a stretch from the go, but what if catalog artists pull their music on Spotify? Not the best time for the roiling markets and scared investors to ponder this question."
There's enough information above casting doubt on Neil Young's heart of gold move where by publicly spitting in the eye of Spotify, he is being portrayed as a hero against #misinformation. Neil, I adore your music always (Cortez the Killer is one of the best songs of all time) but you have literally sold out to mega-corporate establishment #BigFinance.
Are they offering you eternal life or an opportunity to survive The Great Reset? BlackRock is a horrifying entity to be connected to, even once removed and you should be ashamed for this truth.
"RESEVOIR MEDIA" ANNOUNCED A NEW GLOBAL DEAL WITH JONI MITCHELL IN SEPTEMBER 2019"
RESERVOIR ANNOUNCES GLOBAL DEAL WITH MUSIC ICON JONI MITCHELL - resevoir-media.com, September 13th, 2021
Reservoir Inks ‘Worldwide’ Administration Deal With Joni Mitchell After Reporting Double-Digit Revenue Uptick Digital Music News, September 13th, 2021
Interesting to note that both Resevoir Media & Hipgnosis are fairly new to being publicly traded companies and as a commenter on Digital Music News pointed out, Hipgnosis is financed by speculative investors, leveraged financial capital & probably very debt heavy (like it's parent company / major shareholder BlackRock Group?)
https://www.digitalmusicnews.com/2021/08/18/reservoir-q1-fy-2022-earnings/
- Joni Mitchell suffers from a disease most doctors think isn't real - Vox.com, April 2nd, 2015
Scratch All Veneers
I recommended you read through
- Golnar Khosrowshahi is the founder and CEO of independent music rights company Reservoir.
musicbusinessworldwide.com
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A very interesting family, no doubt. Never heard of DRI Capital but they look like another BlackRock Group, except one specifically focusing on investing in the explosively viral growth of the global pharmaceutical / #plandemic industries. Someone should have a look at their stock price on Canada's Toronto Stock Exchange and see whether any good investment opportunities await.
Uncanny Co-incidences.
I found Golnar's story & physical appearance quite striking as she is very similar to another Woman CEO of one of the largest (if not largest) MCN & Digital Rights Companies' I had the crazy opportunity to sign up to years ago.
I see that Shahrzad has been doing extremely well for herself and her majority shareholder / parent company RTL Group (who have dubious links to WW2 Stolen Wealth). Well done Shahrzard for becoming the Vice-Chair of "Invest In Canada" too. Another accolade to add to your substantial list.
I was always intimidated by her photos (where facial expression is almost always absent) and what I and the online investigative group I was part of years ago were able to uncover about BBTV...
Final Thoughts and Dumb Tweets, Twitter Memes on #CancelSpotify, #DeleteSpotify #ByeSpotify et al.
This article took me a considerable amount of time to write up yet I believe the effort was worth it. I followed my hunches and backward-tracked through the social media stupidity to scratch beneath a very thin veneer to come up with some nuggets of truth for my readers. There was even a little trip down memory lane with the absolutely uncanny resemblances between the Iranian-Canadian CEO of Resevoir Media and the Iranian-Canadian CEO of BBTV.
Now to wrap it up with the least insightful or interesting content I gathered for this article: Tweets!
https://twitter.com/RollingStone/status/1487583884132945924
- RollingStone
https://twitter.com/citizenfreebird/status/1487621398956761088
- citizenfreebird
https://twitter.com/luizlemuz/status/1487440548227076100
- luizlemuz
Uhh, what a bizarre tweet exchange...
https://twitter.com/mikecinOH/status/1487625949319471108
- mikecinOH