I have nothing against streaming itself, but even among all the competitors, Spotify is the one that despite being the most popular (=making much more money with subscriptions) pays the lowestthe labels were losing money and sales before streaming. napster basically killed the industry 20 years ago. the general public does not want to spend money on music anymore, at least not more than the $10 per month for streaming. you can be DIY but the reality is no one will hear your music.
honestly i have no desire to own and house thousands of CDs or LPs. and now managing my digital library has become a pain. need storage space and backups or pay for cloud storage. with cloud what happens if your provider goes bankrupt?
streaming is as hassle free as it gets.
Anyways, I doubt those 0,0007 cents for stream would save your company from bankruptcy. To me, it feels more like a "prestige" choice. Like if bands, labels, people in general, perceive a band as "serious", "professional", ONLY IF it's on Spotify, FB, Instagram, etc. Like needing to be insitutionalized by a logo and the fact of being represented there. It's a horrifying way of thinking. And show me one so-called independent band that did not surrender to this
