Skip Navigation

InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)RA
Posts
2
Comments
120
Joined
2 yr. ago

  • What you are missing is that they are majority owned by the same record companies they are paying out 70% to. They even specifically structured the deals between Spotify and labels so that they pay labels in a way that allows labels not to credit artists for nearly 50% of all streams meaning the label gets to keep it.

    Chokepoint capitalism by Cory Doctorow is a great book that goes into detail about how it works

  • Yeah, my guess is OP is mad they they are the major shareholders of a bunch of awful companies. But when you’re the largest index fund and retirement investment provider in the world you end up owning most of everything.