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. - eviltoast
  • Nighed@sffa.community
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    1 year ago

    This is why I thought some of their recent actions that hurt the lowest played artists was strange, you want to encourage artists to NOT use the big publishers to help break their triopoly.

    I think the most recent changes are fine in practice, but the optics are not great which probably matters a lot.

    • 4realz@lemmy.worldOP
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      1 year ago

      Exactly, Spotify is stuck between pleasing artists and the big publishers.

    • GenEcon@lemm.ee
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      1 year ago

      Even the smallest artists are making more than 1000 streams yearly. The only ones they are hurting are AI generated songs.

      • Nighed@sffa.community
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        1 year ago

        FYI it’s 1000 per track per year, not per artist.

        I agree though, I went through my instrumental playlist which has loads of indi stuff and the smallest I found had 10,000 plays

        Edit - looks like I got a notification for this 4 days late…