Before the rise of Apple Music, Pandora, Spotify, and many of the streaming platforms that people have come to love (or hate), there was a growing use of platforms like Napster and LimeWire. These platforms allowed people to listen and download music for free, but illegally – so it was a kind of music piracy. However, over time, with innovation and the introduction of platforms like Spotify, its new business model and technology led to the decline of these illegal platforms. This report will explore Spotify's past, present, and potential future to determine if there will still be a place for it in the future. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”?Get the original essayEven though Spotify is loved by many of its subscribers for its excellent platform using advanced technologies to personalize its user experience with its algorithm, it also faces criticism. for the flaws of its business model by other participants such as the artist. In “Saving the Spotify Revolution: Recalibrating the Power Imbalance in Digital Copyright” in The Journal of Law, Technology and the Internet, we read: “Artists began to distrust the service after receiving checks microscopic royalties. Although artists have urged it to disclose how it calculates royalties, Spotify has been less than forthcoming with artists about its financial flows, giving artists all the more reason to be wary of the service. Left in the dark, the artists must make a seemingly lose-lose choice. : Stay on Spotify and collect tiny royalties, or leave the service, forgoing Spotify's revenue and visibility. Many musicians have chosen the latter option, abandoning Spotify. Therefore, if artists are not satisfied with the compensation and service provided by Spotify, it may become a problem later as artists start removing their music from the streaming platform, like how Taylor Swift removed its music from Spotify in 2014 due to the poor quality of the service. royalty. Spotify needs artists' music to stay competitive with other platforms like Apple Music that pay artists better per stream. They must be innovative, something the company has already started working on in recent years. In a Forbes article it says: “Google and Amazon are the reasons why Spotify needs its own speaker”, it states: “Spotify is working on its own hardware. As early as April 2017, news reports reported job postings on the Swedish music service's website, seeking hardware and manufacturing experts to build its "first physical products." Keep in mind: This is just a sample.Get a personalized article now from our expert writers.Get a custom essayOverall, since its inception, Spotify had a very bright future as piracy issues gave the opportunity to its cutting-edge machine learning technology. It is this cutting-edge technology that has made it one of the leading streaming platforms today. However, its future is still uncertain due to the over-saturation of the streaming industry, its conflict with artist remuneration, and the increasing cost of licensing from record labels. There is also the increasing cost that people have to pay to access these platforms which will bring down companies like Spotify in the future as piracy will increase to..