• TheMurphy@lemmy.world
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    9 months ago

    Honestly, Spotify is only half bad compared to the real scumbags of this industry, and that’s the “rights holders”.

    It’s not the artists who created the music I’m talking about. It’s the record companies taking the largest piece for themselves.

    They are the ones earning on other people’s talent and success.

      • Josh@sh.itjust.works
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        9 months ago

        I’ll die on that hill. 90% of the artists I listen to, I found through spotify’s algorithms.

        • dumpsterlid@lemmy.world
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          9 months ago

          Ok, but why not find a human that curates the kind of music you like? They are called DJs.

          I don’t understand why we need to get rid of human DJs that seems like the last job we need to replace.

          edit why do y’all think I am talking about radio DJs? You…. know there are wayyyyyyy more DJs out there than just radio DJs right?..…right?

          ….like y’all know mixes exist right? Like mixcloud or whatever?

          • Sheltac@lemmy.world
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            9 months ago

            Sometimes my car decides to play some radio before connecting to my phone. It’s an unfortunate side-effect of owning a not-too-nice car.

            Radio DJs are little more than advertising agents nowadays. Or worse, wannabe entertainers.

            • dumpsterlid@lemmy.world
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              9 months ago

              I hate the radio, I’m not talking about radio DJs unless it is the very occasional weird college radio station that is fun just for the curveballs.

              I’m talking about all the other DJs, real life human beings who for fun spend hours hunting down the kind of music you listen to and arrange it into mixes. Like a recommendation algorithm but a human! There are plenty of them, you might not know of one that exists for your specific niche, but rest assured they definitely exist.

              They play sets for bars and stuff with music they have collected in whatever genre they are into, it is a whole thing.

              I don’t know why I am explaining the concept of a DJ.

              • thrawn@lemmy.world
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                9 months ago

                You’re explaining because people know DJ to mean radio or in person, and neither are practical in context, so everyone is confused on how it’s relevant. People who use streaming service algorithms probably aren’t looking to go to a bar or event every time they want a recommendation.

                Not to mention that bars and stuff with music usually cater towards upbeat music. If you’re sure these niche DJs exist, why not name some, or at least provide vague instructions on locating one? It would be a lot more useful to provide actionable advice to people looking for recommendations based on their taste

              • ChicoSuave@lemmy.world
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                9 months ago

                I use Spotify to avoid other people. You go to clubs and listen to what people spin? Too crowded. I’m happy with an algo that knows my tastes and find that shit for me.

                • dumpsterlid@lemmy.world
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                  9 months ago

                  facepalm no, DJs often put mixes up for you to listen to. Again mixcloud is a good example.

              • TunaLobster@lemmy.world
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                9 months ago

                There’s a classical station in Dallas that calls their programming music with context. And they’re right! When there’s a good DJ in the booth you will end up learning something about the music being played.

          • mean_bean279@lemmy.world
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            9 months ago

            Yeah, let me go ask my DJ friends I totally know and are also a Californian who enjoys South African Deep House and Prog House, or post rock, but not post metal.

            Do you know how many people exist that can do that for me? Exactly zero. It’s perfect for computers and algorithms. Humans are amazing at creating music and knowing where it fits, but they aren’t the end all be all of knowing where more like it exists. Especially when it’s not like I can reach out to my favorite artists of South African Deep House (like Kyle Watson) and ask him personally for recommendations. He’s busy with a job.

            Mixes also don’t often times give you the full song for you to understand whether you truly like it, and they often have obscure remixes that aren’t released due to creator copyright or other rules. You’re creating a problem to complain about.

            • dumpsterlid@lemmy.world
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              9 months ago

              Yeah, let me go ask my DJ friends I totally know and are also a Californian who enjoys South African Deep House and Prog House, or post rock, but not post metal.

              Do you know how many people exist that can do that for me? Exactly zero.

              Hmm, let’s see if I google “South African Deep House DJ Mix”

              First result: https://m.soundcloud.com/deephouse_sa

              This is what drives me up a wall, people WANT to believe that only robots can help them with their super specific artistic tastes because they are too niche even if it means ignoring tons of artists and curators out there who’s passion it is to collect and share that specific type of music.

              We have been sold AI curation as a way of placing a corporation between you and the communities of listeners and curators who share and find the types of music you like so art can further be corporatized and divorced from the artists who actually create the art. A corporation isn’t going to promote humans sharing music they have collected with humans because if that human gets popular they could just go somewhere else with their fans, i.e. there is a community and corporations see that as a threat compared to an algorithm they own and can manipulate any way they want.

              I am not saying never use algorithmic recommendation, but it is depressing how the vast majority of people seem to have utterly abandoned the idea of being interested in communities of humans collecting music and sharing it in artistically arranged mixes.

    • can@sh.itjust.works
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      9 months ago

      Well, their CEO Daniel Ek’s investment company Prima Materia "invested €100 million ($114 million USD) in Helsing, an artificial intelligence company based out of Europe that assists in military technological ventures. "

      So I’m happy to take my *streaming business elsewhere.

      • blazeknave@lemmy.world
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        9 months ago

        After being the earliest adopter of free and paid that I know personally (and I work in tech), Joe Rogan was the nail in the coffin for me. I was already paying for YouTube premium (download for subway, and close screen while playing) and saw music was included so the decision was simple.

      • 𝒍𝒆𝒎𝒂𝒏𝒏@lemmy.one
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        9 months ago

        In the day and age of streaming sercices like Spotify, record labels/companies like Sony Music etc should not exist IMO.

        Back when people purchased their music from brick and mortar stores on vinyls, cassettes, and CDs, they had a place to facilitate a relationship with distributors etc to get your music on the shelves, handle marketing and a bunch of other stuff. Nowadays, this all can be done digitally, independently.

        Edit: clarify record label

        • Mango@lemmy.world
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          9 months ago

          If I can personally promote a subreddit to 8.5 million subscribers with no talent of my own, anyone who can make decent music can handle their own shit.

        • Mango@lemmy.world
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          9 months ago

          Yo. I can be a record label. Come hang out in my apartment while I pay the bills and BAM! I get all the royalties!

          Sounds like stealing with extra steps. Actually it sounds like just being rewarded for having money to begin with.

          • clgoh@lemmy.ca
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            9 months ago

            Actually it sounds like just being rewarded for having money to begin with.

            That’s most of the economy.

  • EnderMB@lemmy.world
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    9 months ago

    Sometimes, I see some of the takes on here, and it’s hardly surprising that the fediverse isn’t particularly popular.

    Spotify are somewhat responsible for their current position. They hired too many people, extended into markets they didn’t need to enter, and have a CEO that has blown money in places that didn’t need it. Let’s not forget that Spotify spent $300m on sponsoring FC Barcelona, which could have allowed Spotify to employ ALL of the employees it laid off for 1-2 years. Spotify had no need to give $200m to Joe Rogan, either! That’s half a billion spunked up the wall on decisions that have done nothing for the company but cause grief. Instead, they could have focused their efforts on paying more out to smaller artists that provide the long tail for their service, while also making deals to promote merch and tour dates where possible.

    With that being said, if you think that Spotify didn’t play a huge part in making music streaming accessible you’re just being contrarian for no reason. They provided (at the time) a solid application, good connectivity with services like last.fm, and had the social connection sorted from the start. Once phones took off, Spotify removed the need for mp3’s for the majority of people, largely killing iTunes. Spotify was the winner of the music streaming wars.

    Frankly, a lot of people were praising Spotify for their “good” severance package, but IMO shareholders should be livid, and should be calling for a new person at the helm.

      • EngineerGaming@feddit.nl
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        9 months ago

        Also it hasn’t, because having your actual collection on a streaming service is leagues less convenient than a bunch of mp3s on a hard drive.

    • Darkhoof@lemmy.world
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      9 months ago

      Completely agreed. If they focused on their core business they would’ve already been in much better shape.

    • ribboo@lemm.ee
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      9 months ago

      I doubt Joe Rogan and Barcelona has only caused grief. There’s a reason huge companies throw absurd amounts of money on advertising and right deals. It’s often lucrative and worth it.

      As we don’t have the numbers we can only speculate in what return they got on those deals. But it was most definitely not 0.

      Tour deals, merch and independent artists are great, but you do not reach critical mass when it comes to a general audience that way. It’s basically like trying to advertise on the Fediverse versus advertising on Reddit.

    • joel_feila@lemmy.world
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      9 months ago

      Yeah spotify did wind up how most people listen to music, and podcasts. They had what people wanted and made it cheap. Then they also made a lot of decisions that wasted money. Dont know for certain but i doubt the exe there stopped geting big bonuses or pay cuts over those decisions

    • small44@lemmy.world
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      9 months ago

      In it’s whole history, Spotify only made profits in two quarters and if I’m not wrong the other streaming services aren’t profitable either so it doesn’t looks to me that the problem is just over hiring but the nature of streaming business itself You also underestimate the power of sponsorship especially sponsoring sport. I’m sure a lot of people are using Spotify just for that. Investing in podcast make sense because it’s more profitable than music, Spotify need to diversify it’s revenues. You said that Spotify have good connectivity with lastfm but that’s not true. Most of issues lastfm users have with lastfm is related to Spotify.

    • Lucidlethargy@sh.itjust.works
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      9 months ago

      Spotify has a lot of Blockbuster energy, but with a mixture of something far worse, since they did indeed stand by Rogen and profit off him.

    • deweydecibel@lemmy.world
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      9 months ago

      Sometimes, I see some of the takes on here, and it’s hardly surprising that the fediverse isn’t particularly popular.

      You genuinely think the reason the fediverse isn’t popular is because people have negative opinions of Spotify? As if these opinions wouldn’t also be prevalent on Reddit? As if having to see opinions you didn’t agree with was ever holding reddit back to begin with?

      And yeah, Spotify made music streaming accessible, but the overall problem is they did what all tech companies at the time did: burned money to establish themselves hoping the profit would come later.

      You’re praising them for killing iTunes, but maybe iTunes didn’t need to be killed. Maybe breaking markets with a type of streaming that wasn’t profitable and fucked over artists has given us a few years of good streaming, but the honeymoon is coming to an end, and we’ll all be worse off when the stockholders start demanding profit.

      Same thing that happened with YouTube, basically. Company runs something at a loss for so long they’ve effectively broken the market and now that it’s time to make money, we’re all fucked over.

      • Strykker@programming.dev
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        9 months ago

        No it’s not because people here don’t like Spotify, but the stupid ass takes y’all have that lead to Spotify hate bleed through in half the other content on here that people don’t like either.

        That fact that you thought ops comment was about disliking Spotify specifically reinforces it.

        • teichflamme@lemm.ee
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          9 months ago

          Exactly. The amount of insufferable people with absolute shit takes that wouldn’t stand in the real world is amazing here on lemmy

        • R0cket_M00se@lemmy.world
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          9 months ago

          This problem existed on reddit too but it seems concentrated here, like all the people with shit takes who got ignored on reddit came here so there voice could be heard.

          I wish the fediverse the best but at this point it feels like it’ll never progress past the few hundred thousand point due to the highschool level analysis of socioeconomic problems.

      • 0xD@infosec.pub
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        9 months ago

        YouTube is fucking you over because they’re trying to get rid of freeloaders? How entitled.

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      9 months ago

      IMO shareholders should be livid

      Why? Shareholders gave Spotify billions of dollars - they expect the company to spend that money. Shareholders are quite capable of depositing their own money in a bank if they didn’t want it to be spent.

      My take is Spotify hired over 5,000 employees over 2020 and 2021 when the economy looked great. Then Russia Invaded Ukraine in 2022 screwing the global economy and particularly Europe which is Spotify’s biggest market. They’ve laid off about half the people they hired, which is unfortunate… but it’s understandable. The couldn’t have foreseen the economic shift.

      Spotify removed the need for mp3’s for the majority of people, largely killing iTunes

      Huh? Apple’s music service has about a hundred million users. Up from eighty million a few years ago. Spotify has more than twice that, but iTunes is hardly dead.

      • squidman64@lemmy.world
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        9 months ago

        Apple Music the music subscription service is different from iTunes the music purchasing store. When’s the last time you heard of anyone buying an individual song / album on iTunes?

        • olmec@lemm.ee
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          9 months ago

          I still buy music on iTunes. I prefer having my collection available on CD, but if I only want a single track or two, I just go to iTunes and buy the songs. This year, I think I bought 4 songs. It isn’t ton, but it is still in my mind.

        • 1371113@lemmy.world
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          9 months ago

          When’s the last time you heard of anyone buying an individual song / album on iTunes?

          I’m yet to hear a first time, and I remember when mp3s first became a thing.

                • 𝒍𝒆𝒎𝒂𝒏𝒏@lemmy.one
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                  9 months ago

                  It was purchased by Epic Games a year ago, who recently sold it to Songtradr, a licensing platform for background/‘mood’ music. Songtradr only retained 50% of existing Bandcamp staff (the rest were laid off a few weeks after the sale AFAICT, with the worst affected departments including Bandcamp’s editorial team and customer support. Epic Games handled the severance package, for some reason.)

                  People are pretty upset about the editorial team being laid off because it provided exposure for smaller/niche artists in a weekly publication. I’ve never checked it out personally checked it out because I never knew it existed - wishing I had now

                  Such a large layoff so quickly by the new owner feels like a sign of darker times ahead for Bandcamp IMO, seeing that it’s apparently been profitable since 2012 (Wayback link, new owners have nuked this from the site?). No need to milk the cow even more when the bucket is full…

      • LemmyLinks@lemmy.worldB
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        9 months ago

        My take is Spotify hired over 5,000 employees over 2020 and 2021 when the economy looked great.

        Every tech company did this because people were staying at home and usage of apps and online services exploded. We had nothing else to do. You’re right it is unfortunate.

  • donuts@kbin.social
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    9 months ago

    I call bullshit. Yeah I’m sure they spend 2/3 of their income on rights holders, mainly Joe Rogan, Ed Sheeran and Taylor Swift.

    The average musician isn’t making shit, and yet the spotify execs are sipping champagne.

    • Darkhoof@lemmy.world
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      9 months ago

      The rights holders are the record labels. As much as artists want to complain about Spotify they should direct their criticism to their record labels.

      • Corgana@startrek.website
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        9 months ago

        Spotify is far from powerless in this arrangement too. Nobody is forcing them to be in this business.

        • Blackmist@feddit.uk
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          9 months ago

          If they were getting as many listens as Taylor Swift, I’m sure they’d be making bank. But they’re not. A listen ain’t worth a lot and never has been.

    • StinkyRedMan@lemmy.world
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      9 months ago

      You know they don’t pay the artist directly? Like with physical the ones taking the biggest share are the labels… Also the average musician isn’t making shit cause compared to a very few bigger artists they represent an extremely low percentage of the overall streams on the platform.

    • ???@lemmy.world
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      9 months ago

      Taylor Swift somehow being a hallmark of the times makes me wish the whole world would end in a giant ball of fire.

      • ___@lemm.ee
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        9 months ago

        She’s not the worst role model we’ve ever seen, so at least the world isn’t completely mad. I think her music is mediocre, and don’t understand the fanfare, but to each their own.

        • ???@lemmy.world
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          9 months ago

          I think as a person she’s fine. But as a branding machine… meh.

      • rab@lemmy.ca
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        9 months ago

        I’m glad bands I like aren’t big so I can afford to go to their shows :)

        • ???@lemmy.world
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          9 months ago

          I’m 30…and you? (kinda afraid to ask at this point lol)

  • lolcatnip@reddthat.com
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    9 months ago

    How is this news? The price you pay for media of any kind I can think of goes mostly to the rights holders, not the companies physically delivering it to you. You may object to the rights holders being shitty record labels, but that term also includes independent artists. And more to the point, rights holders are by definition the people who are entitled to profit from selling access to the media they own.

    If you want to get pissed at someone, get pissed at the record labels sharing a ridiculously small part of their licensing fees with the artists who make their product.

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    9 months ago

    Ugh, yes poor poor spotify, fuck that. Artists can’t even make a living making music anymore thanks to spotify. Fuck off blaming artists for trying to get paid. Fuck this article. Oh no it only gets a third of the revenue?! Abhorrent, no it should get ALL the revenue, for doing what, having a server with music on it. Amazing. Fuck spotify.

    • Phlogiston@lemmy.world
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      9 months ago

      Is Spotify the villain here or is the “big three”? Because it sounds like Spotify is delivering a service and deserves some profit from that.

      But what are the big three doing? Seems like they are just skimming because they hold the IP rights. Are they providing any service?

      • 4realz@lemmy.worldOP
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        9 months ago

        Spotify is definitely not the villain here, they have created the best music streaming platform in the world. The big publishers also can’t be called the villains per say, but it wasn’t so nice of them to force a small startup (Spotify in it’s early days) to sign contracts that will permanently force it to payout about $0.66 out of every $1 it makes.

        • Carter@feddit.uk
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          9 months ago

          The most popular musoc streaming service. Definitely not the best. They still don’t offer lossless musoc streaming and their lossy files use an outdated encoder.

        • echo64@lemmy.world
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          9 months ago

          The “best music platform in the world” sure hates paying artists, tho. I know you are obsessed with labels, they pay indie artists fuck all too

      • echo64@lemmy.world
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        9 months ago

        Spotify picks it’s price point. It’s picked a price point (free) that meams artists can’t get paid. And it’s price point (free) means that artists can’t compete either.

        So yeah fuck spotify, pay artists what they are worth and having servers to download mp3s on isn’t worth taking 1/3rd of the revenue. They should get less not more. Adjust their prices (maybe it shouldn’t be free so artists can fucking pay rent and spotify can pay employees)

        Blaming artists for wanting to pay rent and eat food is some bootlicking bullshit.

        • Phlogiston@lemmy.world
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          9 months ago

          Blaming artists? What are you smoking?

          I was asking if it’s Spotify which is relatively new and, as pointed out in the article MUST get this contract or die, or if the problem might be the big three that hold all the power in this negotiation.

          Speaking of which. Isn’t it the big three that actually pay the artists. So how would Spotify, if they were so inclined, manage that payout? (It’s an interest idea though. I wonder what would happen if they offered a tip-the-artist button).

          • echo64@lemmy.world
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            9 months ago

            Spotify is not new.

            Spotify already manage their payout. To labels and indies. They screw over both massively.

        • AnonTwo@kbin.social
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          9 months ago

          Free is literally why they have the market they have. Completely silly point.

          You can’t assume the price point changes and the market remains the same as well. It’s more complicated than that. We literally have talks of people leaving Netflix every other week from the constant changes being made this year.

          • echo64@lemmy.world
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            9 months ago

            Yes, and they don’t deserve a market if they can’t pay artists to make the content. They should not exist if they can’t do that.

            • AnonTwo@kbin.social
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              That just leaves us nowhere to go though. We know artists aren’t paid enough, but if our only answer is the one that clearly takes them out of business, then it’s just sitting on a soapbox while another company comes in and does the same thing.

              Either the solution has to be feasible or someone will eventually show up to ignore it.

              To reemphasize, this is regarding “they have the market because they’re free”, it’s not regarding something else like just paying the artists more, or getting a better deal with labels.

              • echo64@lemmy.world
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                9 months ago

                You can buy music. You can use subscription services that are less shit to artists.

                • AnonTwo@kbin.social
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                  9 months ago

                  I do buy music.

                  I know most people don’t and won’t though.

                  You can’t make a solution that ignores evil and apathetic exists.

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      9 months ago

      Have you ever looked into the operating costs of having a server with music on it which over 400M monthly active users use?

      • echo64@lemmy.world
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        9 months ago

        I actually work in cloud engineering and regularly price this kind of thing up.

        Their costs are salaries not aws bills.

        • EnderMB@lemmy.world
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          9 months ago

          But that’s practically true of any large tech company. It’s been conventional wisdom in the tech industry for over a decade that tech is cheap, people aren’t.

          • echo64@lemmy.world
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            9 months ago

            Yes. Spotify needs to figure out their burn rate for their salaries because taking more money away from artists isn’t the solution like op wants.

              • echo64@lemmy.world
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                9 months ago

                No one is saying pay employees less. Spotify needs to figure out how to make its business work. That’s for sporify to figure out. If you think Spotify deserve more of the pie when they contribute… a download server, vs. the artists who do all the actual work, then you can honestly just fuck off. We live on totally different sides of the conversation, you want to shill for big tech, I want the artists that make the music to get paid.

      • chameleon@kbin.social
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        9 months ago

        Not that high. Spotify uses some pretty tight compression (not good, just tight); most users get 96-128kbit/s AAC, premium can go a bit higher if opted in. That works out to about 16KB/s or 58MB/hour, assuming nothing’s cached.

        Bandwidth pricing very much goes down with scale, not up. But even the non-committed AWS pricing at Spotify’s scale is 2 to 3 cents/GB. You end up paying way less than that with any kind of commitment and AWS isn’t the cheapest around to begin with.

      • echo64@lemmy.world
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        9 months ago

        Yes, I was alive in the time when artists could barely scrape by. Now, I’m alive in the time when artists can’t even do that.

        • GlitterInfection@lemmy.world
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          9 months ago

          You live in the opposite world of all of us. Or are just very confidently incorrect…

          Before Spotify and the like the only artists that could make any money were hand selected by the record labels. Virtually all profits artists made were from merch sold at live shows, because the record labels took all the profits otherwise.

          Now, artists that are independent can make money and get listeners much more easily. This is directly thanks to Spotify and the like. However the record labels are still the ones stealing most of the profits for artists they sign and record.

          It is ONLY better for the artists now, despite it still sucking. You are blaming the improvement not the problem.

          • echo64@lemmy.world
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            9 months ago

            Now, artists that are independent can make money and get listeners much more easily. This is directly thanks to Spotify and the like

            You need to speak to an independent artist sometime about how they make money so easily thanks to spotify. (Spoiler, they don’t. At all. And they can’t sell physical anymore because of spotify)

    • 4realz@lemmy.worldOP
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      9 months ago

      Wooh. 👀. This isn’t Spotify’s fault. They can’t pay artists if they don’t have money.

      • echo64@lemmy.world
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        9 months ago

        Yes, it is. It’s entirely spotifies making. It’s the situation spotify has created. And the answer is absolutely not ‘starve artists even more than we do today’.

        • 📛Maven@lemmy.sdf.org
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          Okay, lets say I accept the thesis that Spotify is directly to blame for the demise of physical media and the rise of streaming. In the current moment, what is Spotify supposed to do that would satisfy you?

          For every dollar I pay to Spotify for their music service, Spotify sees 33 cents of it. Much of that goes to running the service that people want access to. The label takes the other 67 cents. They pass about 2 cents of it on to the artists.

          Let’s go full fantasyland, say Spotify cuts their own take entirely and somehow subsidizes the entire thing. The label is now making the full dollar, a full 150% of what they were making before. Well, is that better for artists? 150% of what they were making before is 3 cents on the dollar. Is that a solution? No, it’s barely a difference.

          Let’s say Spotify triples sub prices so they can take only 10% for infrastructure. Most of their current subscribers won’t pay that, but let’s just pretend. Is 5.3 times what the artists were making before an acceptable amount? Six cents on the dollar? Weird Al would’ve made $60 off Spotify this year instead of $12. Is that satisfactory? Because that’s literally the most Spotify can do, even theoretically.

          Spotify can’t solve the problem.

          The problem is labels locking artists into contracts where the label gets to keep 90% or more of everything they make. Spotify has no say in that.

          Conversely, if we go back to the current split, but have the labels share their cut with the artists 50/50, the artists are suddenly making 1650% what they were before. Snoop’d be taking almost a million dollars for his billion streams. These contracts made some shred of sense in the physical era, when you needed to own a studio and audio engineers and marketers and media factories to push and print a band, but even back then they were widely known to be exploitative. Nowadays, when any tiny town has a studio for rent and anyone can edit a killer track in their bedroom and go viral on social media? They’re a fucking joke.

          The villain in this scenario is blindingly obvious, and anyone who believes otherwise is either a plant or a useful idiot.

  • Lutra@lemmy.world
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    9 months ago

    Equity.

    In total, at the close of last year, SEC documents show that exactly 65 percent of Spotify was owned by just six parties: the firm’s co- founders, Daniel Ek and Martin Lorentzon (30.6 percent of ordinary shares between them); Tencent Holdings Ltd. (9.1 percent); and a run of three asset-management specialists: Baillie Gifford (11.8 percent), Morgan Stanley (7.3 percent), and T.Rowe Price Associates (6.2 percent). These three investment powerhouses owned more than 25 percent of Spotify between them — a fact worth remembering next time there’s an argument about whose interests Spotify is acting in when it makes controversial moves (for example, SPOT’s ongoing legal appeal against a royalty pay rise for songwriters in the United States).

    Furthermore, according to MBW estimates, which my sources suggest are still solid, two major record companies — Sony Music Entertainment and Universal Music Group — continue to jointly own between six percent and seven percent of Spotify (Sony around 2.35 percent and Universal around 3.5). With Sony and UMG added into the mix, then, the names mentioned here comfortably own more than 70 percent of Spotify.

    
    https://www.rollingstone.com/pro/news/who-really-owns-spotify-955388/>
  • nomecks@lemmy.world
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    9 months ago

    This is probably why you get a nearly endless stream of covers and remixes if you just let Amazon Music play random music.

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    9 months ago

    If you want to support an artist pirate their music and see them in concert.

    • echo64@lemmy.world
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      9 months ago

      This is outdated and bad information. Most small artists lose money touring. Bigger artists might break even.

      If you can buy merch, do that, if you can buy physically do that. Spotify is gonna pay pennies for thousands of streams, so nothing you do on spotify is going to benefit an artist. But “pirate and see live” is probably gonna result in a negative bank balance for artists.

    • Copernican@lemmy.world
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      9 months ago

      Lol. Yes, ticket service fees, venue fees, and reseller makerts is totally the best way to support an artist, especially if you live no where near a tour location.

  • chitak166@lemmy.world
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    9 months ago

    Profit can be distorted based on how much you’re paying your employees.

    In this case royalties paid out to imaginary property holders means spotify is functioning exactly how it should. Those people are profiting, spotify’s employees are being paid. Everyone directly involved has more money than they need.

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    9 months ago

    How much money would they want to skim to distribute the music? 33-66 split doesn’t sound so bad considered that they don’t produce the music, sign artist, promote them, etc

    They can always start their own label if they believe that vertical integration will be more profitable for them.

    They tried that with podcasts and it didn’t go as planned

    • echo64@lemmy.world
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      9 months ago

      33% is a massive amount for effectively just being a download service. massive

    • abhibeckert@lemmy.world
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      9 months ago

      Distributing the music is basically free these days - at least for the artist/label anyway. Artists can pay about ten bucks (per album) to various cloud services which will handle distribution - and that includes global physical CD distribution (via an online store, not retail stores). That cost is often $4 per disc and paid by the purchaser.

      Recording an album and music video can cost a fortune, and marketing the album can cost an infinite amount of money. That’s where the record label spends most of their money and it’s not a fixed figure - it gets negotiated for each album. AFAIK the split between the artist and label usually varies depending on wether the label’s investment has been paid for yet. And marketing is an ongoing expense, the label can keep spending money on that indefinitely (and the artist probably wants them to keep spending money on marketing).