Thievery Corporation’s Rob Garza on how “we live in a streaming world” | GIGAOM

Gigaom: You have an incredible vantage point. You are an artist yourself, you work with other artists; you also have a record label. You are constantly on tour. Can you talk a little bit about impact of things like Spotify, iTunes and all the digitization of music? There’s a lot of people who don’t care much about Pandora and Spotify.

Rob: It’s great that people can explore different artists, find music on Spotify, YouTube, things like that. At the same time, do I think that it’s sustainable for the music community? I don’t think so, because a lot of this money just goes back into the pockets of the tech companies. Before, it would go to major labels some things like that.

I’m not defending major labels, but at least major labels would take some of that money, and invest it to find and develop new artists, and trying to give artists a career. That’s the one…for me kind of missing link in this whole equation is that, that money goes to Google Play or goes to iTunes or goes to Pandora or Spotify.

The royalties are miniscule. Also, those companies don’t make it a habit to invest in new music, new art and new talent. It keeps a lot of resources from coming back into the community.

READ THE FULL INTERVIEW AT GIGAOM:
http://gigaom.com/2014/04/18/the-gigaom-interview-thievery-corporations-rob-garza-on-how-we-live-in-a-streaming-world%C2%9D/

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