this post was submitted on 17 Dec 2023
556 points (90.1% liked)

Technology

60076 readers
3269 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
556
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. (open.substack.com)
submitted 1 year ago by [email protected] to c/[email protected]
232 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 0 points 1 year ago (1 children)

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

[โ€“] [email protected] 1 points 1 year ago* (last edited 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....