this post was submitted on 03 Jun 2024
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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.