The ₿udtender [CannabisRecords] on Nostr: Apples to oranges. Spotify makes money by using your content (as an artist) to sell ...
Apples to oranges. Spotify makes money by using your content (as an artist) to sell subscriptions and they kick the artist a $0.003 "commission" on the artists own IP.
The wavlake model takes a 10% split which is more akin to what happens with the middlemen in the existing industry taking a cut of profits. Not as egregious as other middlemen though. It all varies but traditionally management will take 15%, distro takes 20%, and the label takes 25% leaving the artist with only 40% before any expenses...
Published at
2025-05-20 20:47:51Event JSON
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