Musicians keep leaving Spotify in protest of CEO's defense investments
Summary
Some musicians are removing their music from Spotify because they disagree with the company's CEO investing in a defense technology company. The CEO, Daniel Ek, invested in Helsing, which is involved in artificial intelligence and military technology. This protest is the latest in a series of artist-led actions against Spotify for various reasons.Key Facts
- Bands like Xiu Xiu, Deerhoof, and Hotline TNT have removed their music from Spotify.
- The musicians are protesting Spotify CEO Daniel Ek's investment in Helsing, a defense technology company.
- Ek's venture capital firm invested over $100 million in Helsing in 2021.
- Helsing develops drones, aircraft, and submarines and uses artificial intelligence in its products.
- This protest is part of a history of artists objecting to Spotify practices, including concerns about royalties and misinformation.
- Spotify did not comment on the recent wave of musicians leaving the platform.
- Some artists also criticize the sound quality and financial aspects of Spotify's streaming service.
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