Technology

58303 readers

23 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

556

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. (open.substack.com)

submitted 11 months ago by [email protected] to c/[email protected]

232 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 3 points 11 months ago (2 children)

Basically they fund artists to record and then handle things like promotion.

[–] [email protected] 1 points 11 months ago (1 children)

If I can personally promote a subreddit to 8.5 million subscribers with no talent of my own, anyone who can make decent music can handle their own shit.

[–] [email protected] 3 points 11 months ago (1 children)

Yes, promoting a subreddit and promoting yourself as an artist are the same thing.

[–] [email protected] 1 points 11 months ago

I didn't even have to sing.

[–] [email protected] 1 points 11 months ago (1 children)

Yo. I can be a record label. Come hang out in my apartment while I pay the bills and BAM! I get all the royalties!

Sounds like stealing with extra steps. Actually it sounds like just being rewarded for having money to begin with.

[–] [email protected] 2 points 11 months ago

Actually it sounds like just being rewarded for having money to begin with.

That's most of the economy.