whatever will the millionaires do???

  • newIdentity@sh.itjust.works
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    1 year ago

    It’s actually the lables that are ripping off the artists.

    Spotify isn’t profitable. They’re constantly losing money

    • mihnt@lemmy.world
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      1 year ago

      It’s actually the lables that are ripping off the artists.

      As is tradition.

      • small44@lemmy.world
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        1 year ago

        The core service which is music streaming will never be able to make spotify profitable. The problem which podcast is that they are badly integrated in spotify, it should be a seperate app instead

    • SmoothIsFast@citizensgaming.com
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      1 year ago

      Not all artists have labels, there are a lot of independents and getting 0.001 cents per play from Spotify is basically robbery compared to what sites like SoundCloud will pay per stream…

      • Jako301@feddit.de
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        1 year ago

        I’d like sources for these claims. What I’ve found online as average:

        Soundcloud 0.0025 - 0.004$ per stream

        Spotify 0.003 - 0.005 per stream