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From the musician's point of view, many things are wrong with the "streaming model". Here are some :
• the money that goes to the composers, authors and players is ridiculously low
• small labels and producers make little money, which endangers their survival and their ability to produce new recordings.
• the system especially affects less famous artists, in various less "popular" genres. The diversity of artists is in danger.
• the idea that these platforms offer everything is an illusion. Many albums are missing, a.o. many LPs, several labels...
• the musicians pages are very poor : only the labels can add albums. If they don't do their job, the artist cannot do anything about it. He has no control over the albums present on his page, he cannot complete it with missing albums, which results in very incomplete discographies.
• the information that comes with the albums is mostly non-existing, to the point that it is an insult to the participants : who is the composer, the arranger, the author, who are the performers of each track, who plays this nice solo, when and where was it recorded ? No respect...
I just hope that we are in a transitory phase which will evolve into a more satisfactory model, but I'm having my doubts.