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Evolution of recorded-music revenue over the last 50 years
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this post was submitted on 30 Oct 2023
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good reminder that platform holders like spotify and then labels hold almost all that revenue and artists see barely any of it. This has been true forever but the addition of spotifies and apple musics in the mix just removes more money from artists in this equation.
Just another reason to buy music from the artists own website, if they have one.
It'll likely be seen as "lost revenue" and therefore piracy by the holders, as I don't imagine that they include small individual sites in their surveys, but the artist will get more money in the end and that's what matters.