this post was submitted on 02 Dec 2023
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Technology
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Honestly, 56 million profit is really not much. How many artists are getting next to nothing? 100,000? Splitting that profit between them leaves each with 560 per year. There's even less when you include more.
And if Spotify raises the prices to pay more per play people will leave, leaving Spotify with less money to hand out. Having asshats like Rogan getting millions or the deals huge artists, who are already filthy rich like Taylor Swift, make with Spotify are what's hurting small artists. I think Spotify has the same issue as the rest of the world. There is enough for everyone, it's just not equally distributed.
Also no fair competition from Apple and google