this post was submitted on 03 Jun 2024
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Then why does tidal for the same price as spotify with way less users pay four times as much to the artists than spotify? Spotify has the largest market share and now they are trying to milk the cow as much as they can because people are too lazy to switch. Most people don’t even know that you can transfer playlists. Same with Netflix (although they at least have more exclusive content).
I don't really like Tidal, but this is why I have stuck with Tidal instead of switching back to Spotify. At least the artists get more money, and I get my higher bitrate. Now it seems that prices are getting even closer to parity, so that's less of a reason to switch back.
I considered trying Qobuz or Deezer, but I'm too lazy to switch right now.
I wonder why too. Spotify takes a 30% cut, but even if Tidal takes 0% cuts, how come it can pays 4x as much to artists? There must be more to the math to make it check out.
Royalties come out of profits.
Profits = revenue - costs.
Inflate costs (pay 3rd parties you also own) and pay less royalties.
At least that's how the movie business works.