4realz@lemmy.world to Technology@lemmy.worldEnglish · 9 months agoSpotify 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.comexternal-linkmessage-square100fedilinkarrow-up1217arrow-down130
arrow-up1187arrow-down1external-linkSpotify 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.com4realz@lemmy.world to Technology@lemmy.worldEnglish · 9 months agomessage-square100fedilink
minus-squarewolfshadowheart@slrpnk.netlinkfedilinkEnglisharrow-up5·9 months agoThey just changed the rules so that if smaller artists don’t get a certain number of plays they don’t even get a payout.
minus-squareGenEcon@lemm.eelinkfedilinkEnglisharrow-up1·9 months agoWith less than 1000 streams per year. This is solely to kick out the AI generated music, which is already taking a significant share of the payout from the musicians. This change is not against smaller artists, but for them.
They just changed the rules so that if smaller artists don’t get a certain number of plays they don’t even get a payout.
With less than 1000 streams per year.
This is solely to kick out the AI generated music, which is already taking a significant share of the payout from the musicians.
This change is not against smaller artists, but for them.