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   Nemo_bis 🌈 (nemobis@mamot.fr)'s status on Saturday, 21-Dec-2024 06:30:38 JST Nemo_bis 🌈

   in reply to

   Recent news about #Spotify aren't news at all; they were discussed in #copyright hearings back in 2020. If you control the #music catalogue, of course you'll play what costs you less. It's the entire reason #UMG has the valuation it has (huge catalogue of dead people). It's the stated business model of collecting societies like #Soundreef which sell ambient music. EU collecting societies knew back in 2017, and complained their catalogues were being demoted.

   https://mamot.fr/@nemobis/104189296469903761
   #ValueGap

   • Embed this notice
     Nemo_bis 🌈 (nemobis@mamot.fr)'s status on Saturday, 21-Dec-2024 06:30:39 JST Nemo_bis 🌈

     #Spotify and #AppleMusic are in the business of taking money from captive consumers and turning it to #copyright cartel shareholders. Any profits come from financial/regulatory arbitrage or decreased transaction costs. If one side has a 30 % advantage on each payment, the other side has only one choice. But whatever amounts go in or out of those pots, the results is the same: landlords eat it all.