• sbv@sh.itjust.works
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    6 months ago

    They aren’t. The fees are supposed to benefit the streaming companies.

    I hope the bill discussed in the article helps rectify that.

  • KillingTimeItself@lemmy.dbzer0.com
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    6 months ago

    uh cool trick, they don’t.

    Turns out small artists who pay middle men (publishers, who rake in billions a year) money to host their music on platforms like spotify, who then makes zero money because they run an unprofitable business (damn, if only there was a way to make money from this) and the listeners, who earn them, on average, 0 dollars, from a stream. Which means they lose money.

    Pirating your favorite bands music is going to make you more likely to buy an actual physical release, or digital. Thus paying them more in that one interaction than they have potentially ever been paid in your lifetime of listening to them on a streaming service.

    Btw, just have a think about the fact that artists, and spotify make ZERO money, more than likely negative money. Only to have a middle man raking in literally BILLIONS of dollars a year. Capitalism truly is something isn’t it? Oh and i haven’t even mentioned money laundering on spotify either, that’s a whole other thing.