this post was submitted on 23 Nov 2023
778 points (98.7% liked)

World News

32322 readers
1655 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Matte@feddit.it 18 points 1 year ago

of course it’s a better deal, Youtube Music barely pays anything. it’s even worse than Spotify, and most of their streamings come for free, which is enraging to say the least.

anyways they have two paths: they either suck the costs in and increase the subscriptions (and lose customers in the meanwhile, so they’ll earn less in order to give more money to the small artists) or they cut the share they’re giving to the majors, which is the biggest percentage of the pie. but majors will simply boycott spotify and create their own platform, just as it happened with netflix.