this post was submitted on 17 Dec 2023
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Spotify doesn't make profit from music streaming, despite having over 400M monthly active users, because it pays two-thirds of all its revenue to the rights holders. (open.substack.com)
submitted 10 months ago by 4realz@lemmy.world to c/technology@lemmy.world
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[–] lolcatnip@reddthat.com 1 points 10 months ago

I don't actually know anything about where bands are supposed to find an audience, but I don't think bands who haven't found an audience should expect to get paid, the same way I don't expect to get paid for going to a job interview or engaging in a hobby. If a band doesn't have an audience they can reliably entertain, what they're doing is self promotion for their own benefit, not entertainment for the benefit of an audience.