I don’t know much about how music licensing works. But would this cause smaller musicians to decide to pull their stuff off Spotify? I listen to a lot of music on Spotify. And some of it is from smaller indie artists. Not a huge amount, but I’ve definitely listened to songs that are in that It surprises me how much of my Spotify library is no longer available. There’s at least a few dozen songs in my Spotify library…
The mechanism there is kind of "dontcareism": yes, indie musicians will go away, but Spotify doesn't care, because ultimately this won't stop listeners from using it, over time most of them will forget what they really wanted
It's the same dynamic companies use against ununionized labor.