@[email protected] to [email protected]English • 11 months agoSpotify 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.open.substack.commessage-square210fedilinkarrow-up1618cross-posted to: [email protected]
arrow-up1550external-linkSpotify 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.open.substack.com@[email protected] to [email protected]English • 11 months agomessage-square210fedilinkcross-posted to: [email protected]
minus-squarerigattilinkfedilinkEnglish3•11 months agoBasically they fund artists to record and then handle things like promotion.
minus-square@[email protected]linkfedilinkEnglish4•11 months ago Actually it sounds like just being rewarded for having money to begin with. That’s most of the economy.
minus-squarerigattilinkfedilinkEnglish3•11 months agoYes, promoting a subreddit and promoting yourself as an artist are the same thing.
Removed by mod
Basically they fund artists to record and then handle things like promotion.
Removed by mod
That’s most of the economy.
Removed by mod
Yes, promoting a subreddit and promoting yourself as an artist are the same thing.
Removed by mod