Spotify Looked to Ban White Noise Podcasts to Become More Profitable
www.bloomberg.com
An internal document shows that white noise podcasts account for 3 million daily consumption hours on the platform
  • Sharkwellington@lemmy.oneEnglish
    932·
    11 months ago

    That $38 million would be divided up amongst all the other artists if it wasn’t being paid to white noise podcasts.

    It would be divided amongst the record labels and distributed to artists as those labels see fit.

    • sounddrill@lemmy.antemeridiem.xyzEnglish
      971·
      11 months ago

      So it’s not the user getting screwed, not the artists getting screwed, but record labels ?!

      Record labels are getting screwed over by indie artists in a new niche that has exploded

      This is 100% a massive W

      • InvertedParallax@lemm.eeEnglish
        26·
        11 months ago

        Yes, those famously equitable contracts with artists, we’ve all heard legends of their great generosity.

      • Sharkwellington@lemmy.oneEnglish
        22·
        11 months ago

        I mean, yes…unfortunately those contracts have always been very exploitative for all but the top music acts.