Billy Corgan of the Smashing Pumpkins has always been one to be outspoken, and through recent interviews about the music industry, it has become clear Corgan is not excited for the future.
In an interview with Benzinga, Corgan states, “The music business for a long time, and obviously Apple is in the music business now, it works on leverage. If 10 percent of the artists that aren’t represented” choose to leave, “that would hurt that streaming service way more than a singular artist.” For one of his solutions, in that same interview with Benzinga, Corgan thinks that corporate money should sponsor the music, to which Stereogum refutes.
Do you agree with Corgan? Let us know in the comments.