Does anyone have stats on how much people spend on albums before and after signing up for a Spotify/Rdio subscription?
I think most people realize that subscription music services aren't supposed to be a replacement to supporting the bands you like. You should still go see them perform, buy merch, get physical copies of the albums you like, and so on.
But the internet has changed the way music words. People can get everything for free illegally without much hassle so you can't add too much hassle / cost to your service or otherwise you'll get nothing at all. Sure that it is a little strong-arm tactic to claim "you can make pennies with us or nothing at all", but its reality. Don't get me wrong, Thom should have every right to do what he wants with his music. I just think this move is rather short-sighted to claim "I don't make much money directly off Spotify royalties, therefore I don't want my music on Spotify"
This isn't a stat...just my personal experience...
I used to buy 3-5 CDs per month, up until last year. Ever since having Rdio I might only buy 10-15 per year.
I understand supporting the smaller artists is important, but when I can have 99% of what I want accessible on my phone for $10 a month...I'm less likely to buy CDs. That's just the honest truth.