Technology

59314 readers

5725 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

149

Tidal is laying off more staff. (www.theverge.com)

submitted 1 week ago by Dot@feddit.org to c/technology@lemmy.world

42 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Virkkunen@fedia.io 8 points 1 week ago (1 children)

Spotify actually pays 70% of the streams to the label, which trickles down to a bunch of nothing for the artist. Tidal wanted to change that and pay directly to the artist

[–] vxx@lemmy.world 4 points 1 week ago (1 children)

How is that possible if the labels own the music and there's a contract that sets the percentages.

All music streaming services say "paying the artist" in their communication.

[–] Virkkunen@fedia.io 7 points 1 week ago (1 children)

Well, turns out Tidal has ended that program last year: https://www.digitalmusicnews.com/2023/03/01/tidal-direct-payments-program-ends/

[–] vxx@lemmy.world 5 points 1 week ago* (last edited 1 week ago)

Now, weeks after partnering with Universal Music Group to develop a “new economic model for music streaming,” the Block-owned platform has officially ended the Direct Artist Payouts (DAP) program.

Yeah, they made a deal with the devil it seems

UMG is the main actor with the 360 deals for artists. And that's just the top of the iceberg. The Diddy case might show the bottom.