Before there was Apple Music, Pandora, Spotify, and many of the streaming platforms that people have come to love (or hate), there was growing use of platforms like Napster and LimeWire. These platforms allowed people to listen and download music for free, but illegally, so it was a kind of music piracy. However, over time, with the innovation and introduction of platforms like Spotify, its new business model and technology have led to the decline of these illegal platforms. This report will explore Spotify's past, present, and potential future to determine whether there will still be a place for it in the future. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay While Spotify is loved by many of its subscribers for its fantastic platform that uses advanced technologies to personalize the user experience with its algorithm, it also faces criticism for flaws in its business model from others participants like the artist. In the book “Saving the Spotify Revolution: Recalibrating the Power Imbalance in Digital Copyright” in the Journal of Law, Technology and the Internet, it states: “Artists began to become suspicious of the service after receiving microscopic checks of royalties. Although artists have urged it to disclose how it calculates royalties, Spotify has been less than forthcoming with artists about its financial flows, giving artists even more reason to distrust the service. Left in the dark, artists face a seemingly losing choice: stay on Spotify and collect tiny royalties, or leave the service, forgoing Spotify revenue and exposure. Many musicians have chosen the latter, abandoning Spotify.' Therefore, if artists are dissatisfied with the compensation and service provided by Spotify, it can become a problem later when artists start pulling their music from the streaming platform, as in the case of Taylor Swift who removed her music from Spotify in 2014 due to bad royalties. Spotify needs artists' music to stay competitive with other platforms like Apple Music, which better compensate the artist for streaming. They must be innovative, something the company has already started working on in the last two years. A Forbes article states: “Google and Amazon are why Spotify needs its own speaker,” it states: “Spotify is working on its own hardware. Press reports dating back to April 2017 have reported job postings on the Swedish music service site, looking for hardware and manufacturing experts to build its "first physical products" Keep in mind: this is just an example Get a custom paper from our expert writers now. Since its inception Spotify has had a very promising future because problems with piracy have given the opportunity to its cutting-edge machine learning technology. It is this cutting-edge technology that has made it one of the leading streaming platforms today, however, its future is still questionable due to the oversaturation of the streaming industry, conflicts with artist compensation, and rising licensing costs with record labels. There is also the increasing cost that people have to pay to access these platforms will bring down companies like Spotify in the future because piracy will increase again, despite efforts and the best available technology will shut down sites for copyright infringement.