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I’m not a big fan of the high fees, but I’m even less of a fan of big developers being treated differently than the little guy.
Some banks do this *** too. The more money you deposit, the less fees you pay. Because 'premium customer' and all this.
Yep Chase for instance: over 75k on deposit, no ATM withdrawal fees anywhere! You know, helping the people who need it the least.
Sorry for the ignorance, but you have to pay to withdraw money from your bank in the US?
From your bank in person, no. From your bank's own ATM, no. From an ATM run by another bank out of network, yes, there are often fees and your bank will waive them under certain circumstances.
Not necessarily. Usually your bank will have ATMs you can use fee-free. And often partner bank ATMs as well.
Out of network ATMs can charge fees, which you will prompted to accept before withdrawing, but that's not from your bank. That's the company running the ATM. Generally $3-5
I guess some shitty banks could charge fees on top of that....
Mine charges no fees and actually reimburses ATM fees (a certain amount per month)
Chase absolutely charges you for using a non-network ATM. I have a friend that has Chase for their bank and will not withdraw from a non-chase ATM even if the ATM has no fees because Chase will just charge him after the fact.
Makes me wonder why he still bothers keeping Chase.
And charge you a monthly service fee unless you have a job (regular transaction into the account per billing cycle), which isn't a thing in other places.
Ripping off poor and jobless people. Yes.
If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem
Some banks? No. All banks.
Even credit unions do this. They may not have as many or as expensive fees as regular commercial banks but they still have fees and certain features aren't free. If you deposit $100,000 (or more) you'll find that a lot of those fees get waived, your interest rates will be better, and they will generally treat you better than the peasants with like $5,000 in their savings.
It's just another advantage that the rich have over every day people. Most of them take these things for granted or don't think they matter in the slightest. It never occurs to them that regular $3 fees or occasional $25 fees can have a huge impact on the poor and the middle class.
Full Disclosure: I work for a bank.
And Spotify pass these savings onto the artists, right?
In effect, yes. Given that ~70% of revenue goes to rights holders, making the amount of revenue bigger by not paying 30% of subscriptions to Google, the savings are passed on to rights holders.
So, not exactly to the artists. I get the impression you seem to know quite a lot about the deal, can you try to analyze how this 70% gets divided?
https://support.spotify.com/us/artists/article/royalties/
It's net revenue split to rights holders according to the share of streams. If you have 1% of all streams on Spotify in a given time period, you get 0.7% of net revenue for that period.
How the rights holders distribute the money onward to the artists is not exactly transparent though.
No fees when users choose to pay via Spotify (which had been the case and only option since the beginning, until User Choice Billing was implemented).
If users choose to pay with Google Play Billing, Google keeps 4%.
Even so, what I find hypocritical is that Spotify got this deal and seemingly agreed to keep it under wraps, without advocating for it to be extended to all other music streaming services in the platform.
Because... having a deal with the platform holder that gives it unfair advantage over the competition is exactly what they accuse Apple of doing with iOS.
Sauce: https://www.theverge.com/2023/11/20/23969690/google-spotify-android-billing-commission-secret-deal
4% is basically just the payment processing fee (averaged out, since it's slightly different for every transaction). Spotify has to pay that regardless of how you pay.
The game is rigged
And we're the pawns
Bold of you to consider yourself a pawn in this game.
Yea no shit, idk if it's just for my region or what, but Spotify does not manage their subscription through the play store. Makes it more annoying to cancel it too, which the execs at Spotify probably see as a plus.
We're totally screwing the artist, so we'll give you a cut if we don't pay any gees.
Idk if Bandcamp is better, but there I buy my beloved albums with a big tip. The only thing I dislike is many artists default to PayPal for their merch. Ah, and they got owned by someone like Tencent or Epic?
Were owned by Epic then sold to Songtradr last month
Thanks. Did you hear how it affects users like us?
As far as we know it's business as usual but I would make sure to have a copy of everything I've bought if I were you, when a business gets passed around like that (and sold at a loss) it doesn't bode well...
They got rid of a whole bunch of staff, so the service is effectively on life support.
Kind of weird, considering they're a major competitor, but so what? Why is this something they need to "admit"?
Stuff like this will be used in the anti monopoly cases going on world wide.
What alternatives do you guys use besides Bandcamp? I am open to paying a sub as long as the artist is getting a decent cut.
Its not a bug, its a feature. The end game has lots of backdoor deals.
I'm doing great with xManager so I don't give a flying fuck about this haha
What is xManager?
I wondered this myself, so Googled it, and found https://www.xmanagerapp.com/
... And I'm still none the wiser. All I learned that it's for Android and does... something.
This is the best summary I could come up with:
The details surfaced today after Google requested the court to keep the specifics of its deal with Spotify sealed earlier in the month.
This fee could be reduced to 11% due to programs like user choice billing, which allows developers to use their own or third-party payment solutions.
Earlier this month, The Verge reported that the search giant offered Netflix a deal in 2017 to just pay a 10% fee on Play Store for subscriptions.
Last month, the Mountain View-based company reached a settlement with Match Group to let the dating app giant use third-party billing solutions on the Play Store.
Match Group’s rival Bumble was part of the user choice billing program pilot started in November 2022.
Epic, however, rejected Google’s offers to adopt user choice billing and went to trial earlier this month.
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