I don't have much money to throw around these months, but I subscribed to Premium yesterday. In my opinion, the service ia probably worth £100 per month or more. It just seems like such an obscene luxury, being able to plug a small device into your hifi then listen to virtually anything you want at a high bit rate, for as long as you want. I was reading a radio stations Top 1000 tunes and decided to get a month's subscription because there was a Spotify playlist for it. I mean of all the things I might spend £10 on, that is easily worth it. Then there's the other types of listening it makes possible, like listening to dozens of different versions of the same jazz standard, or compilation box sets you'd never find (I recommend the John Lennon covers one, it's from a series of charity releases I think). Just add a few more features like more metadata for the tracks and it will be perfect.
That said, at the same time I think it is insane and surely unsustainable. If someone records a great record, why should the whole world get to listen to it completely free (well, there is advertising money but doesn't anoint to much from what I'm lead to believe), makes no sense. And on the other hand, if they don't release their record to Spotify, they are still facing economic competition from the service. Faced with a choice between Spotify's enormous database and some particular new single, I'll take the former and forego the latter.
Perhaps they will change it though, like force a certain number of purchases per month to maintain the service, or limit the number of plays a track can get before it becomese unavailable.
That said, at the same time I think it is insane and surely unsustainable. If someone records a great record, why should the whole world get to listen to it completely free (well, there is advertising money but doesn't anoint to much from what I'm lead to believe), makes no sense. And on the other hand, if they don't release their record to Spotify, they are still facing economic competition from the service. Faced with a choice between Spotify's enormous database and some particular new single, I'll take the former and forego the latter.
Perhaps they will change it though, like force a certain number of purchases per month to maintain the service, or limit the number of plays a track can get before it becomese unavailable.