Spotify Technology SA co-founder Martin Lorentzon said he would leave Sweden immediately if the country introduces new wealth taxes.
Lorentzon urged politicians to consider higher taxes on capital or dividends instead of a wealth tax, saying it would be “directly counterproductive”.
Lorentzon said the discussions about new taxes have already created uncertainty, with entrepreneurs asking if it is still OK to start a company in Sweden.
Well they pay homeopathically more out to artists, but better than nothing I guess.
If I remember correctly, Spotify has a revenue model that benefits bigger acts while said pay per stream. It makes sense when Spotify sees music as nothing but content to be consumed.
Bandcamp perhaps?
There’s only merch and digital music for monetization, but that’s the way to go anyway if you really want to support some artists.