4realz@lemmy.world to Technology@lemmy.worldEnglish · 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-square241fedilinkarrow-up1640arrow-down170cross-posted to: business@lemmy.world
arrow-up1570arrow-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.com4realz@lemmy.world to Technology@lemmy.worldEnglish · 11 months agomessage-square241fedilinkcross-posted to: business@lemmy.world
minus-squareSharkwellington@lemmy.onelinkfedilinkEnglisharrow-up21·11 months agoNothing short of handing them cash in person is truly a guarantee. Really depressing how it’s turned out.
minus-squarederanger@lemmy.worldlinkfedilinkEnglisharrow-up10arrow-down1·11 months agoBandcamp is a decent platform… for now
minus-squarethisisawayoflife@lemmy.worldlinkfedilinkEnglisharrow-up2·11 months agoFaircamp might be a good avenue in the future.
minus-squareSatyrSack@lemmy.onelinkfedilinkEnglisharrow-up2·11 months agoHas anything really happened since they were acquired by Epic last year?
minus-squarealt_xa_23@lemmy.worldlinkfedilinkEnglisharrow-up8·11 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-squarezzz711linkfedilinkEnglisharrow-up1·11 months agoEpic sold them a few months back and then the company that acquired them almost immediately laid a bunch of people off
minus-squarelolcatnip@reddthat.comlinkfedilinkEnglisharrow-up1·11 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.
Epic sold them a few months back and then the company that acquired them almost immediately laid a bunch of people off
That’s not a guarantee either unless you know how much they spent getting in a position for you to hand them cash.