This is a most excellent place for technology news and articles.
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.
except tht artists, which is more the fault of the rights holders in this case really...
Poor Spotify. Here's a Link to a documentary about the dark side of Spotify, by Slightly Sociable. Their illegal business, extortion of artists and support for scamming.
To determine if this company is actually a poor widdle guy or just trying to look like their hands are tied with respect to paying artists, look up how much Daniel Ek is worth, and then look up what he does with his money
You do know even without Spotify artists would be getting paid the same amount by their label?
Spotify splits 70/30, that 70% goes to the rights holder. So why aren’t the artists seeing it?
It used to be artists didn’t make money on albums annd only from merch at tours, nothing has really changed in the music industry.
And snoop dog complains after receiving a measley $45k from one billion streams.
They just want your personal and behavioral data to sell to third parties for shady purposes. After all, AI's don't feed themselves
ok. they should get a job then. pull themselves up by their bootstraps
