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Spotify pays out 97 percent of its total revenue to the record companies. If the record companies are taking an enormous percentage of that and not paying the a
by selectodude 13y ago
Spotify pays out 97 percent of its total revenue to the record companies. If the record companies are taking an enormous percentage of that and not paying the artists, it's perfectly sustainable once you remove the parasite siphoning off all the money.
http://mediadecoder.blogs.nytimes.com/2012/08/24/pandora-and-spotify-rake-in-the-money-and-then-send-it-off-in-royalties/?_r=0 http://mediadecoder.blogs.nytimes.com/2012/08/24/pandora-and...