@4realz@lemmy.world to Technology@lemmy.worldEnglish • 7 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.comexternal-linkmessage-square233fedilinkarrow-up1633cross-posted to: business@lemmy.world
arrow-up1633external-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 • 7 months agomessage-square233fedilinkcross-posted to: business@lemmy.world
minus-square@SharkwellingtonlinkEnglish19•7 months agoNothing short of handing them cash in person is truly a guarantee. Really depressing how it’s turned out.
minus-square@deranger@lemmy.worldlinkfedilinkEnglish9•7 months agoBandcamp is a decent platform… for now
minus-square@thisisawayoflife@lemmy.worldlinkfedilinkEnglish2•7 months agoFaircamp might be a good avenue in the future.
minus-square@SatyrSacklinkEnglish2•7 months agoHas anything really happened since they were acquired by Epic last year?
minus-squarealt_xa_23linkfedilinkEnglish8•7 months 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•7 months 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.