this post was submitted on 30 Nov 2023
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'Weird Al' Roasts Spotify's Artist Payout System in Year-End Wrapped Video (www.rollingstone.com)
submitted 11 months ago by haxor@derp.foo to c/hackernews@derp.foo
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[–] tankplanker@lemmy.world 4 points 11 months ago

I don't understand how the record labels are wearing that payout for that number of streams from their bigger artists who aren't big enough to warrant an individual deal like Swift or the Beatles. It has to be a huge pay cut from the money they would have been earning pre streaming from physical sales.