@4realz to TechnologyEnglish • 11 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-square232arrow-up1625arrow-down169cross-posted to: business
arrow-up1556arrow-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 to TechnologyEnglish • 11 months agomessage-square232cross-posted to: business
minus-square@[email protected]linkfedilinkEnglish19•11 months agoNothing short of handing them cash in person is truly a guarantee. Really depressing how it’s turned out.
minus-square@thisisawayoflifelinkEnglish2•11 months agoFaircamp might be a good avenue in the future.
minus-square@[email protected]linkfedilinkEnglish2•11 months agoHas anything really happened since they were acquired by Epic last year?
minus-squarealt_xa_23linkEnglish8•11 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@[email protected]linkfedilinkEnglish1•11 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.