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.

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echo64@lemmy.world ⁨11⁩ ⁨months⁩ ago

Spotify picks it’s price point. It’s picked a price point (free) that meams artists can’t get paid. And it’s price point (free) means that artists can’t compete either.

So yeah fuck spotify, pay artists what they are worth and having servers to download mp3s on isn’t worth taking 1/3rd of the revenue. They should get less not more. Adjust their prices (maybe it shouldn’t be free so artists can fucking pay rent and spotify can pay employees)

Blaming artists for wanting to pay rent and eat food is some bootlicking bullshit.

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