Spotify do not make more profits than label let alone more revenus
Comment on Spotify Music Library Scraped by Pirate Activist Group
DandomRude@lemmy.world 15 hours agoNevertheless, Spotify makes more profit than any music label, even more than all the remaining music labels combined. This is how it works today: music, literature, journalism, and art no longer exist according to this logic - only content. And as disrespectful as the term sounds, that’s how it’s paid for - with scrabs because that’s the business model.
Your pirate approach is no longer up to date, because it is no longer directed against large corporations, but robs artists of the little they have left. This will only accelerate the trend: no one will try to make a living from art anymore. If you think that people will do it anyway because they want to express themselves, I think you are absolutely wrong.
mrdown@lemmy.world 14 hours ago
DandomRude@lemmy.world 14 hours ago
mrdown@lemmy.world 14 hours ago
Market cap and profits are different metrics. At the end of the day major labels dictate streaming services policies . Considering that they oen 80% of all music
Grimy@lemmy.world 13 hours ago
It’s not accelerating the trend one bit by opening it to everyone. Music labels and Spotify don’t plan on putting a stop to AI, they want to own it. The artists lost decades ago and siding with copyright juggernauts doesn’t help them on the slightest.