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this post was submitted on 23 Nov 2023
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70% of what?
If that's subscription revenue in Uruguay then the business model is just not feasible, unless they up the subscription fees to adequately cover costs.
This is the risk when the revenue model doesn't scale with th cost model.
70% per dollar apparently. It's mostly large record labels taking the lion share though I think, independent artists make pennies.
95% of the royalty pool goes to 200000 artists who generate 15% of the content. Sounding less fair the more you look at it.
On a platform like Spotify I don't really see the issue here.
Have you ever looked through the other 85% of the content? Excluding finding some obscure hits, most of it is trash.
Unless we want to argue that any art in our current economical system should be of equal value no matter what.