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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GenEcon@lemm.ee ⁨10⁩ ⁨months⁩ ago

With less than 1000 streams per year.

This is solely to kick out the AI generated music, which is already taking a significant share of the payout from the musicians.

This change is not against smaller artists, but for them.

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