GenEcon

joined 1 year ago
[–] GenEcon@lemm.ee 0 points 3 months ago (3 children)

Holocaust? Wasn't 'genocide' drastic enough anymore?

[–] GenEcon@lemm.ee 0 points 4 months ago

From the 10 Dollar, taxes will be deducted. Afterwards Apple or Google take their share (if you subscribe using the App). Of the remaining money the Music labels take 70 %, and Spotify keeps 30 %. The music labels pay a fraction of the 70 % to the artists, depending on the contract and the artist's share of streams reported by Spotify.

[–] GenEcon@lemm.ee 0 points 4 months ago (1 children)

That whole article is BS, they even say it themselves:

Rates are rarely paid at a flat rate per stream

There is no payout per stream. Instead a fixed percentage of the subscription price is shared among each streamed song. So why does Tidal pay more then? Either their subscriber numbers are still incorrect (they have a history of publishing way higher numbers than in reality), their subscriber listen to less music (which is the main reason Apple Music pays more per stream on paper, since its often bundled) or their audience focuses more on a single artist (or a genre).

[–] GenEcon@lemm.ee 0 points 4 months ago

They pay less than Tidal claims it pays. So far Tidal has a really bad history of publishing correct numbers.

[–] GenEcon@lemm.ee 0 points 4 months ago (7 children)

The problem is that Spotify is losing money each year. They aren't profitable. And if they are keep focusing on music, they never will. Their deal with the music labels says that they need to give 70 % of each subscription to the music labels. So by getting more people to signup, they only marginally increase their revenue. Some goes for raising their prices.

Thats why they tried focusing on Podcasts and Audiobooks. Those are a lot more profitable, either by adding ads (Podcasts) or by charging a premium (audiobooks).

[–] GenEcon@lemm.ee 0 points 4 months ago (3 children)

How does this work? Spotify has a deal with the music publishers, where they give 70 % of all subscription income to the music companies. The music companies (Sony, Warner, etc) then split the money based on the share of streams.

How can Apple pay out 2.5x70 %, so 175 %? Are thes losing with every subscription?

[–] GenEcon@lemm.ee 2 points 5 months ago

I did say the exact opposite...

[–] GenEcon@lemm.ee 2 points 5 months ago* (last edited 5 months ago) (2 children)

Its not even close. For example, end-to-end encryption is standard in the west. In China its heavily restricted and basically non-existant.

[–] GenEcon@lemm.ee 0 points 6 months ago* (last edited 6 months ago) (4 children)

Talk to families of unjustified imprisoned people or to the people itself. His 'fixing' was done by basically imprisoning everyone, which just happened to be close to any suspect gang member. There where even cases where a mailman was imprisoned because he just happenend to deliver a parcel during a raid.

Yes, he fixed the gang problem for now. But at a high price – the loss of a fair justice system. He imprisoned 1.2 % of the total population in just 2 years.

I know that freedom vs security is a fine balance and once security suffers significantly, you are willing to give up quiet a lot of freedom. But since he just imprisoned everyone and their relatives, its only a temporary fix – unless he wants to imprison them for life.

[–] GenEcon@lemm.ee 1 points 6 months ago

Everyone reading this piece full of buzzwords and without any source and thinking 'yeah, this seems trustworthy', is completly delusional.

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