this post was submitted on 17 Oct 2023
1683 points (95.0% liked)
Technology
59374 readers
6250 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Can you elaborate? I can find articles that say there have been layoffs but what does that mean for the platform and how it supports the artists? Is it basically dead and not worth using anymore? I want the large majority of my money to go to the artist not the label or platform shareholders, is there something similar to bandcamp in that regard? Don't suggest physical media please a lot of artist either don't make any or are extremely difficult to find and buy.
They were bought last year by epic games. Now they were sold to songtradr, probably because it wasn't profitable enough for EPiC. As part of that more than half the people were let go.
They'll want their money's worth, so prices fo up, or in this case the percentage cut. My bet is also the enshitification is starting soon. For now it's fine, the future, probably not. But that's just my guess.
As for alternatives, I've got none.