@4realz@lemmy.world to Technology@lemmy.worldEnglish • 2 years 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.comexternal-linkmessage-square231fedilinkarrow-up1617arrow-down169
arrow-up1548arrow-down1external-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@4realz@lemmy.world to Technology@lemmy.worldEnglish • 2 years agomessage-square231fedilink
minus-square@Sharkwellington@lemmy.onelinkfedilinkEnglish19•2 years agoNothing short of handing them cash in person is truly a guarantee. Really depressing how it’s turned out.
minus-square@deranger@lemmy.worldcakelinkfedilinkEnglish8•2 years agoBandcamp is a decent platform… for now
minus-square@thisisawayoflife@lemmy.worldlinkfedilinkEnglish2•2 years agoFaircamp might be a good avenue in the future.
minus-square@SatyrSack@lemmy.onelinkfedilinkEnglish2•2 years agoHas anything really happened since they were acquired by Epic last year?
minus-squarealt_xa_23linkfedilinkEnglish8•2 years agoEpic 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.
minus-square@lolcatnip@reddthat.comlinkfedilinkEnglish1•2 years agoThat’s not a guarantee either unless you know how much they spent getting in a position for you to hand them cash.
Nothing short of handing them cash in person is truly a guarantee. Really depressing how it’s turned out.
Bandcamp is a decent platform… for now
Faircamp might be a good avenue in the future.
Has anything really happened since they were acquired by Epic last year?
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.
That’s not a guarantee either unless you know how much they spent getting in a position for you to hand them cash.