Ned Yeung on Nostr: "Spotify’s CEO is now a billionaire but it takes artists 334 streams to make $1. ...
"Spotify’s CEO is now a billionaire but it takes artists 334 streams to make $1. The company just enacted a plan to completely demonetize smaller artists. Under the new policy, tracks that get under a certain threshold of annual streams will receive no money from the company. Groups like United Musicians and Allied Workers (ig: weareumaw) are fighting to save their industry."
#Union #capitalism
Published at
2024-04-11 00:41:14Event JSON
{
"id": "53e8aed512be3db915fbdba24ee541a0db654e602a17ac6efefd50dfb47bf997",
"pubkey": "c18df01678c79e36f0d5f20de84b935a335c5d49d9e2025443c3c34c568f516e",
"created_at": 1712796074,
"kind": 1,
"tags": [
[
"t",
"Union"
],
[
"t",
"capitalism"
],
[
"proxy",
"https://mstdn.ca/users/ned/statuses/112249803518261424",
"activitypub"
]
],
"content": "\"Spotify’s CEO is now a billionaire but it takes artists 334 streams to make $1. The company just enacted a plan to completely demonetize smaller artists. Under the new policy, tracks that get under a certain threshold of annual streams will receive no money from the company. Groups like United Musicians and Allied Workers (ig: weareumaw) are fighting to save their industry.\"\n\n#Union #capitalism\n\nhttps://cdn.mastdn.ca/media_attachments/files/112/249/787/914/449/824/original/d5e3912d5ec39c43.webp",
"sig": "a4f99562011d9694a7c15dad204afb179d5aff9b8a617a40e93be9fb4d9af52832bf866a594cef526ee0decc5e7eda04aa0aaff236010ac55d362fae13f9751c"
}
