Comment on After announcing increased prices, Spotify to Pay Songwriters About $150 Million Less Next Year
BURN@lemmy.world 4 months agoSeriously. They had a completely open market, then essentially signed a perpetual deal where something like 40% of gross income is paid out to the labels. It’s absolutely insane how poorly run they were in the beginning.
If they had become a publisher, distributor and/or a label, they’d be on top of the world now.
KillingTimeItself@lemmy.dbzer0.com 4 months ago
yeah pretty much. They’d be the single biggest publisher globally, and almost certainly the most profitable.