4realz@lemmy.world to Technology@lemmy.worldEnglish · 2 years 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-square92fedilinkarrow-up1464arrow-down157
arrow-up1407arrow-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 · 2 years agomessage-square92fedilink
minus-squareLucidlethargy@sh.itjust.workslinkfedilinkEnglisharrow-up21·2 years agoAnd yet, they still aren’t even close to the highest paying service when it comes to musicians getting their cut. https://dittomusic.com/en/blog/how-much-do-music-streaming-services-pay-musicians It’s hilarious that Napster now tops the list. I use Tidal, myself, since it’s got great quality audio. Spotify is horrible quality for 2023.
minus-square██████████@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down13·edit-22 years agoas a young 20 year old i doubt those services have new music. Spotify has albums SAME day im sure that works great for oldies like blink182 tho
And yet, they still aren’t even close to the highest paying service when it comes to musicians getting their cut.
https://dittomusic.com/en/blog/how-much-do-music-streaming-services-pay-musicians
It’s hilarious that Napster now tops the list. I use Tidal, myself, since it’s got great quality audio. Spotify is horrible quality for 2023.
as a young 20 year old i doubt those services have new music. Spotify has albums SAME day
im sure that works great for oldies like blink182 tho