Why Neil Young's Spotify standoff matters to the music industry
Posted on AllSides January 28th, 2022
From The Left
Spotify will remove Neil Young's music from its streaming platform, because the 76-year-old rock icon objected to the company's response to vaccine misinformation.
The big picture: This matters more than you'd think, given the popularity of old music.
70% of the music streamed online is older than 18 months, according to MRC Data's 2021 year-end report.
Yes, but: Many of the big new releases of 2021 were dropped because tour dates got COVID-canceled, Matt Yazge, vice president of research business for MRC Data, tells Axios.
61% of U.S. music listeners say that they are interested in...