😃

  • Jade@programming.dev
    link
    fedilink
    arrow-up
    5
    ·
    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
      link
      fedilink
      arrow-up
      1
      arrow-down
      7
      ·
      edit-2
      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…

      last reply …