@[email protected] to [email protected]English • 1 year 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 • 1 year agomessage-square210fedilinkcross-posted to: [email protected]
minus-squarerigattilinkfedilinkEnglish3•1 year agoBasically they fund artists to record and then handle things like promotion.
minus-squarerigattilinkfedilinkEnglish3•1 year agoYes, promoting a subreddit and promoting yourself as an artist are the same thing.
minus-square@[email protected]linkfedilinkEnglish4•1 year ago Actually it sounds like just being rewarded for having money to begin with. That’s most of the economy.
Basically they fund artists to record and then handle things like promotion.
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Yes, promoting a subreddit and promoting yourself as an artist are the same thing.
Removed by mod
Removed by mod
That’s most of the economy.