r/movies • u/MarvelsGrantMan136 r/Movies contributor • 16d ago

News Apple Losing Over $1 Billion a Year on Streaming Service

https://www.reuters.com/technology/apple-losing-over-1-billion-year-streaming-service-information-reports-2025-03-20/
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u/m2thek 16d ago

"Seems to work with music" for everyone but the actual artists

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u/Valance23322 16d ago

There's more money than ever going to musicians, it's just being divided amongst way more musicians than it used to be.

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u/rawonionbreath 16d ago

That’s because streaming music massively devalued an artists catalogue from what it was 25 years ago.

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u/Valance23322 16d ago

It's because the barrier to entry is much lower, so you have way more people making and distributing music. Back in the day if you couldn't get a record deal and/or radio play you were pretty much limited to tiny live music venues.

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u/rawonionbreath 16d ago

It’s also because most music that wasn’t on the radio was paid for.

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u/cherry_chocolate_ 16d ago

Spotify for a year costs as much as 100 singles. People are paying as much as the high end of iTunes users were a decade ago, so if anything we pay more now. The fact is that obscure artists weren’t making a living off of CDs, they weren’t making a living off of digital downloads, and they aren’t making a living today. That sucks, but it’s better for small artists than ever. Anyone can be on the same platform as the biggest artists, so they have a chance to be discovered. Meanwhile, no small filmmaker can just decide to publish to Netflix.

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u/Meraka 15d ago

Yeah because I’m sure people like The Weeknd are certainly hurting from Spotify not giving him even higher royalties.

It is insanely easier now to have your music be heard than it was 30 years ago. Back then if you didn’t land a record deal fast your music career ended. Nowadays, any random fuck can build fans through streaming services and YouTube. You people spend too much time listening to already insanely rich artists like snoop doggs dumbass whining about not being paid enough from Spotify.

The proof is in the fucking pudding. Point me to any even mid level artist and I’ll show you a millionaire.