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Comment on 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.

Nighed@sffa.community ⁨9⁩ ⁨months⁩ ago

This is why I thought some of their recent actions that hurt the lowest played artists was strange, you want to encourage artists to NOT use the big publishers to help break their triopoly.

I think the most recent changes are fine in practice, but the optics are not great.

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4realz@lemmy.world ⁨9⁩ ⁨months⁩ ago
Exactly, Spotify is stuck between pleasing artists and the big publishers.

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GenEcon@lemm.ee ⁨9⁩ ⁨months⁩ ago
Even the smallest artists are making more than 1000 streams yearly. The only ones they are hurting are AI generated songs.

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- Nighed@sffa.community ⁨9⁩ ⁨months⁩ ago
  FYI it’s 1000 per track per year, not per artist.
  
  I agree though, I went through my instrumental playlist which has loads of indi stuff and the smallest I found had 10,000 plays
  
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