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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.

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echo64@lemmy.world ⁨9⁩ ⁨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This is outdated and bad information.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 ⁨9⁩ ⁨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 ⁨9⁩ ⁨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 ⁨9⁩ ⁨months⁩ ago
  Bandcamp is a decent platform… for now
  
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  - thisisawayoflife@lemmy.world ⁨9⁩ ⁨months⁩ ago
    Faircamp might be a good avenue in the future.
    
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  - SatyrSack@lemmy.one ⁨9⁩ ⁨months⁩ ago
    Has anything really happened since they were acquired by Epic last year?
    
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    alt_xa_23@lemmy.world ⁨9⁩ ⁨months⁩ ago
    Epic sold it to a company called Songtradr, who shortly laid off a good chunk of the staff. They haven’t done too much so far, but it could easily go south from here.
    
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- lolcatnip@reddthat.com ⁨9⁩ ⁨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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