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omar_alt | 2 years ago
Spotify would love to direct the listener just to in house AI music that does not pay royalties to the big labels ;)
omar_alt | 2 years ago
Spotify would love to direct the listener just to in house AI music that does not pay royalties to the big labels ;)
earthnail|2 years ago
However, the majority of money is made with the major acts. Taylor Swift, Ed Sheeran, etc.. They are the main revenue drivers.
Royalty free music improves the bottom line only marginally, which is still substantial for an established company like Spotify where small changes in margins count, but it's not revolutionary to the market.