The Dark Truth About 400 Million Spotify Users

For every dollar Spotify earns, they pay artists just $0.004.
Spotify has over 400 million active users and generates billions in revenue each year.
The platform takes a whopping 80% of an artist's streaming royalties.
This means that for every song streamed on Spotify, the artist only receives $0.0008.
In fact, some artists are paid less than a cent per stream.
Spotify's business model is designed to maximize profits for investors, not artists.
The company's CEO has said they're committed to paying artists more, but so far, nothing's changed.
Despite this, Spotify continues to grow and...

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Subscribe for weekly AI explained in plain English.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
#AI #ArtificialIntelligence #TechExplained

Видео The Dark Truth About 400 Million Spotify Users канала The Business Oddity