this post was submitted on 31 Oct 2024
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150
Tidal is laying off more staff. (www.theverge.com)
submitted 1 month ago by [email protected] to c/technology
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[–] vxx 4 points 1 month ago (1 children)

How is that possible if the labels own the music and there's a contract that sets the percentages.

All music streaming services say "paying the artist" in their communication.

[–] [email protected] 7 points 1 month ago (1 children)

Well, turns out Tidal has ended that program last year: https://www.digitalmusicnews.com/2023/03/01/tidal-direct-payments-program-ends/

[–] vxx 5 points 1 month ago* (last edited 1 month ago)

Now, weeks after partnering with Universal Music Group to develop a “new economic model for music streaming,” the Block-owned platform has officially ended the Direct Artist Payouts (DAP) program.

Yeah, they made a deal with the devil it seems

UMG is the main actor with the 360 deals for artists. And that's just the top of the iceberg. The Diddy case might show the bottom.