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.

roofuskit@lemmy.world ⁨11⁩ ⁨months⁩ ago

• echo64@lemmy.world ⁨11⁩ ⁨months⁩ ago

  This is outdated and bad information. Most small artists lose money touring. Bigger artists might break even.

  If you can buy merch, do that, if you can buy physically do that. Spotify is gonna pay pennies for thousands of streams, so nothing you do on spotify is going to benefit an artist. But “pirate and see live” is probably gonna result in a negative bank balance for artists.

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  • essteeyou@lemmy.world ⁨11⁩ ⁨months⁩ ago

    I think Taylor Swift just about broke even, mostly thanks to my wife and her friends.

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  • Sharkwellington@lemmy.one ⁨11⁩ ⁨months⁩ ago

    Nothing short of handing them cash in person is truly a guarantee. Really depressing how it’s turned out.

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    • deranger@lemmy.world ⁨11⁩ ⁨months⁩ ago

      Bandcamp is a decent platform… for now

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      • thisisawayoflife@lemmy.world ⁨11⁩ ⁨months⁩ ago

        Faircamp might be a good avenue in the future.

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      • SatyrSack@lemmy.one ⁨11⁩ ⁨months⁩ ago

        Has anything really happened since they were acquired by Epic last year?

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    • lolcatnip@reddthat.com ⁨11⁩ ⁨months⁩ ago

      That’s not a guarantee either unless you know how much they spent getting in a position for you to hand them cash.

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• Kecessa@sh.itjust.works ⁨11⁩ ⁨months⁩ ago

  Nice try ticket Master!

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• small44@lemmy.world ⁨11⁩ ⁨months⁩ ago

  Some artists that people like may never come to their city

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  • Kecessa@sh.itjust.works ⁨11⁩ ⁨months⁩ ago

    But merch

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    • small44@lemmy.world ⁨11⁩ ⁨months⁩ ago

      It’s rare for me to find merch worth buying, I prefer buying the music.

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      • Kecessa@sh.itjust.works ⁨11⁩ ⁨months⁩ ago

        Maybe buying it directly from their website might be the better option in this case? 🤔

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• glitch1985@lemmy.world ⁨11⁩ ⁨months⁩ ago

  Unless it’s a ticketmaster concert because fuck them.

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• Copernican@lemmy.world ⁨11⁩ ⁨months⁩ ago

  Lol. Yes, ticket service fees, venue fees, and reseller makers is totally the best way to support an artist, especially if you live no where near a tour location.

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• AzureRT@reddthat.com ⁨11⁩ ⁨months⁩ ago

  “Support”

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