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Spotify re-invented the radio
(lemmy.world)
Can't even seek through songs.
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this post was submitted on 17 Oct 2023
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Yeah I work at a label we pay our artists about 30% of what we make off them, but that isn't actually that bad considering the amount of overhead there is at a record label and the amount of services we provide for them. Just advertising alone makes up about 1/3 of a big label and we will spend more on advertising, distributing and actually allowing them to make music than we actually pay them, so in terms of end value it's probably closer to 60 or 70%