Why Spotify Can Never Be Profitable
December 12, 2011
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Law Bytes
Episode 278: Ben Waldman on Gander Social and the Challenges of Building a Sovereign Social Network
byMichael Geist

August 10, 2026
Michael Geist
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The biggest touring band of all time actually allowed people to set up at their concerts and make and sell bootleg copies of it. The Grateful Dead. Last I heard they were all doing just fine financially.
And irony of ironies, it seems one of the biggest industry voices of the anti-piracy acts is Sony, who used to have a big market for consumer high speed cassette dubbing decks. I think frankly what we have going on here is a couple of industries who haven’t figured out yet how to make money in the information age and are having the laws rewritten to protect industrial age business models which are no longer relevant.
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who used to have a big market for consumer high speed cassette dubbing decks. I think frankly what we have going on here is a couple of industries
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