this post was submitted on 17 Dec 2023
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Spotify doesn't make profit from music streaming, despite having over 400M monthly active users, because it pays two-thirds of all its revenue to the rights holders. (open.substack.com)
submitted 9 months ago by [email protected] to c/[email protected]
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[–] [email protected] 28 points 9 months ago (1 children)

Blaming artists? What are you smoking?

I was asking if it’s Spotify which is relatively new and, as pointed out in the article MUST get this contract or die, or if the problem might be the big three that hold all the power in this negotiation.

Speaking of which. Isn’t it the big three that actually pay the artists. So how would Spotify, if they were so inclined, manage that payout? (It’s an interest idea though. I wonder what would happen if they offered a tip-the-artist button).