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The Twelve Inch (Disco/80s)'s avatar

The real issue with the music industry isn’t just Spotify’s business model—it’s the financialization of music itself. When culture is reduced to a financial product, we’re in deep shit. Every day, we hear about the obscene amounts of money Spotify’s board members are cashing in, while artists struggle to earn enough for basic living expenses. Meanwhile, users are treated like worker bees, feeding an algorithmic system and even having to pay for the privilege. It turns out that the "algorithms" don't even work for the users anymore. They are tools to serve the bottom line of the tech companies. So not only do you own "jack shit", you are also not assured of a user friendly product the coming years. And don't get me started on the way social media companies are abusing music. Platforms like TikTok exploit music to drive growth, yet artists see no compensation and have no ownership of the fan relationships they’ve built. Then there’s the rise of AI music generators like Udio & Suno, which blatantly disregard copyrights, using existing music to train their models and profit from the results. It’s a race to the bottom, and sadly, we haven’t hit rock bottom yet

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Travis Tyler's avatar

Spotify and Apple Music are both terrible for music and musicans in general. Buy stuff on bandcamp! You own it For Real, the artist and/or label gets paid *directly*, and at an exponentially higher rate than any streaming subscription service. If you do it on a "Bandcamp Friday" (like today!) where the company waives its usual revenue share, they get 100% of your payment (after processor fees like Paypal). On a normal day, artists still get ~82%.

Re: Spotify -- exact amounts vary depending on country and record label, as well as any specific undisclosed deals, but according to the publicly available information I can find, roughly:

$0.000014123 paid per stream for the free ad-supported tier of Spotify. 703,581 streams = $100 for the artist.

$0.00066481 paid per stream for the premium tier. 150,000 streams = $100 for the artist.

In other words, ~ten (10) actual fans buying a $10 album on bandcamp friday do more for an artist than hundreds of thousands of streaming plays. And those ten people actually own the album (maybe even on a cool physical format!)

https://bandcamp.com/

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