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  • ikt@aussie.zoneOP
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    2 days ago

    I support artists more than the pennies spotify pays them

    Wrong

    Spotify has reported a record payout of $10 billion (A$15.4 billion) in royalties to the music industry for 2024, marking the largest annual payment from a single retailer in history.

    And it’s not pennies, you pay ~$15 a month, of which 70% goes to labels, 30% goes to Spotify, that’s $10 a month that goes to all labels and artists.

    Artists I like I’ll buy their merch, go to their shows, etc

    Oh now you mention merch and shows, good one.

    If you want to leach music for free by pirating music and spitting in the face of artists do it, just don’t think you have any moral high ground.

    • Jade@programming.dev
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      2 days ago

      The clue there is 70% goes to labels, not artists - large rightsholders who already have wealth taken a massively disproportionate amount of that, so the artists you listen to get fractions of a penny. They make far more when you buy a CD or go to a concert.

      • ikt@aussie.zoneOP
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        2 days ago

        They make far more when you buy a CD

        Who the hell still listens to CD’s? Lets take a look at how much money they were making when CD’s were all the rage:

        Oh right, it was declining massively because people were pirating MP3’s just like Lemmy users earlier suggested.

        Vinyl record sales are outdoing CD’s:

        or go to a concert’

        Just fyi there’s nothing clamping you to Spotify, I’ve had Spotify since June 2012 and been to plenty of concerts since then

        large rightsholders who already have wealth taken a massively disproportionate amount of that

        Then listen to smaller artists? The more you listen to them the bigger their share the more money they make…

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