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'Death to Spotify' Event Draws Interest From Some Musicians to Try Alternatives

2 weeks ago
An anonymous reader shared this report from the Guardian: This month, indie musicians in San Francisco gathered for a series of talks called Death to Spotify, where attenders explored "what it means to decentralize music discovery, production and listening from capitalist economies". The events, held at Bathers library, featured speakers from indie station KEXP, labels Cherub Dream Records and Dandy Boy Records, and DJ collectives No Bias and Amor Digital. What began as a small run of talks quickly sold out and drew international interest. People as far away as Barcelona and Bengaluru emailed the organizers asking how to host similar events. The talks come as the global movement against Spotify edges into the mainstream. In January, music journalist Liz Pelly released Mood Machine, a critical history arguing the streaming company has ruined the industry and turned listeners into "passive, uninspired consumers". Spotify's model, she writes, depends on paying artists a pittance — less still if they agree to be "playlisted" on its Discovery mode, which rewards the kind of bland, coffee-shop muzak that fades neatly into the background... The Death to Spotify organizers say their goal is not necessarily to shut the app down. "We just want everyone to think a little bit harder about the ways they listen to music," says [event co-founder] Manasa Karthikeyan. "It just flattens culture at its core if we only stick to this algorithmically built comfort zone." So the goal was "down with algorithmic listening, down with royalty theft, down with AI-generated music," according to the event's other co-founder, Stephanie Dukich. Basically some artists "are questioning whether it's doing much for them," says a professor of music at the University of Texas at Austin. The article cites performers who are trying Spotify alternatives, like pop-rock songwriter Caroline Rose, who released her new album only on vinyl and Bandcamp. "I find it pretty lame that we put our heart and soul into something and then just put it online for free," Rose says.

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EditorDavid

Three-Wheeled Solar Car Maker Aptera is About to Go Public

2 weeks ago
Last November Aptera successfully tested its first production-intent three-wheel solar-powered EV — and said it already had over 50,000 reservations. The vehicles had a solar charge range of 40 miles per day, reported Digital Trends, noting the crowdfunded company's cars also had an NCAS charging port. ("Solar-powered electric vehicles are also being developed by the likes of Germany's Sono Motors and the Netherlands' Lightyear, and by big automakers such as Hyundai and Mercedes-Benz.") But this week the EV site Electrek pointed out that "There have been a handful of 'solar car' projects and they all have failed so far." Aptera is one of the rare survivors, thanks to a couple of relatively successful crowdfunding efforts. The company has been inching closer to bringing its vehicle to production, but it still appears to need some investments to make it happen. Now, Aptera is going public. Generally, that's good news. An initial public offering (IPO) means that a company is going to raise capital for its operations and give more people the opportunity to invest in the company. However, Aptera is not doing a traditional IPO. It's not even doing a SPAC deal. It's doing a direct listing, which means that if approved by NASDAQ, it will allow shareholders to trade their shares on the public market. This is usually an exit strategy for existing shareholders. Aptera won't receive any proceeds from going public... The company needs to be infused with capital soon, and this direct listing is not it. The top-rated comment on the site suggests "Open market trading will establish a fair price for exchanges among the holders. I don't think this necessarily indicates they are trying to wind down the company." And the article does also acknowledge the possibility of "public demand for the stock amid this crazy bubble we are in — resulting in a price increase, which Aptera takes advantage of with a public offering..." "Aptera has now confirmed that it has received NASDAQ approval and the stock will start trading on October 16."

Read more of this story at Slashdot.

EditorDavid