Masimatutu@mander.xyz to World News@lemmy.mlEnglish · 10 months agoSpotify will end service in Uruguay due to bill requiring fair pay for artistsmixmag.netexternal-linkmessage-square19fedilinkarrow-up13arrow-down11cross-posted to: [email protected]
arrow-up12arrow-down1external-linkSpotify will end service in Uruguay due to bill requiring fair pay for artistsmixmag.netMasimatutu@mander.xyz to World News@lemmy.mlEnglish · 10 months agomessage-square19fedilinkcross-posted to: [email protected]
minus-squaredeadbeef79000@lemmy.nzlinkfedilinkarrow-up1·10 months ago70% of what? If that’s subscription revenue in Uruguay then the business model is just not feasible, unless they up the subscription fees to adequately cover costs. This is the risk when the revenue model doesn’t scale with th cost model.
minus-squareverysoft@kbin.sociallinkfedilinkarrow-up0·10 months ago70% per dollar apparently. It’s mostly large record labels taking the lion share though I think, independent artists make pennies.
minus-squareQuatity_Control@lemm.eelinkfedilinkarrow-up1·10 months ago95% of the royalty pool goes to 200000 artists who generate 15% of the content. Sounding less fair the more you look at it.
70% of what?
If that’s subscription revenue in Uruguay then the business model is just not feasible, unless they up the subscription fees to adequately cover costs.
This is the risk when the revenue model doesn’t scale with th cost model.
70% per dollar apparently. It’s mostly large record labels taking the lion share though I think, independent artists make pennies.
95% of the royalty pool goes to 200000 artists who generate 15% of the content. Sounding less fair the more you look at it.