Comment on 'Technofascist military fantasy': Spotify faces boycott calls over CEO’s investment in AI military startup

<- View Parent
Eyekaytee@aussie.zone ⁨2⁩ ⁨days⁩ ago

It pays four tenths of a tenth of a cent per stream ($0.004), while raking in billions of profit each year.

I think you’re confusing Spotify with Apple or Google, It only just last year:

Spotify Just Turned an Annual Profit for the First Time Ever

thedailyupside.com/…/spotify-just-turned-an-annua…

This is the same year it paid out

its collective payments to the music industry for 2024 totaled $10 billion.

10 billion not bad for a business model that’s “exploitation”

One of the things people struggle to understand is that it’s not the 70’s anymore, there is more music being uploaded every minute that you can listen to in a year, this has a diluting effect on the value of the thing being uploaded

Listen to music on whatever service, then if you like the artists music - buy the album, or the track / single. Sure, you may support fewer artists this way, but each artist gets paid literally 2500 times as much (album averages 9.99).

I do agree with this though

source
Sort:hotnewtop