Monday, 9 December 2024

Spotify Rakes in $499M Profit After Lowering Artist Royalties Using Bundling Strategy

quote [ Spotify also stopped paying for songs that do not reach 1,000 streams within 12 months earlier this year. The company has positioned this as a measure to streamline royalty distribution, but this policy impacts approximately over 150 million songs on the platform. ]

Aah, those thugs and muggers.
[SFW] [business] [+1 WTF]
[by Paracetamol@7:26pmGMT]

Comments

ooo[......7 said @ 9:39pm GMT on 9th Dec [Score:1 Insightful]
*Lovingly squeezes my actually real music collection*

Seriously, fuck streaming services, they will only break your heart.
Ebichuman said @ 1:00am GMT on 10th Dec [Score:1 Underrated]
Phew, stopping paying the artists frees up some cash for Joe Rogan's next $250 million renewal.

Post a comment
[note: if you are replying to a specific comment, then click the reply link on that comment instead]

You must be logged in to comment on posts.



Posts of Import
Karma
SE v2 Closed BETA
First Post
Subscriptions and Things

Karma Rankings
ScoobySnacks
HoZay
Paracetamol
cb361
Ankylosaur