Never do a music industry startup unless you have a billion dollars, can raise a billion dollars, or plan to be acquired by a company with a billion dollars to spare. That's the table stakes for going toe-to-toe with the big three.
They'll bleed you to death with licensing fees, deputise you into their copyright enforcement police, upload their songs to your platform on one hand while suing you with the other, and all the while cry about how extracting monopoly profits is so much harder than in the old days.
Just go disrupt something safer, like organised crime or the international diamond trade. At least with those the law probably won't change out from under you.
They'll bleed you to death with licensing fees, deputise you into their copyright enforcement police, upload their songs to your platform on one hand while suing you with the other, and all the while cry about how extracting monopoly profits is so much harder than in the old days.
Just go disrupt something safer, like organised crime or the international diamond trade. At least with those the law probably won't change out from under you.