Spotify Paid $10B to the Music Industry in 2024, $1B More Than Last Year

Re:Spotify Paid $10B to the Music Industry in 2024, $1B More... by scarface_74 on Tuesday February 04, 2025 @11:59AM (#42935156)

> When a German citizen listens to German music released by a German record label, Google or Apple takes a cut and transfers it to America.

Unless you are using Apple Music or buying from iTunes. This isn’t true.

> Have you ever considered that so long as it's an American monopoly, bringing in fistfuls of cash in from abroad, there's no need to break up the goose that lays the golden egg?

And yet the Democrats tried to do exactly that and wondered why BigTech that was supportive of them until as recently as 2020 ran screaming to Trump.

No one outside of the tech bubble put anywhere in their priority stack to “break up BigTech”

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Re:Spotify Paid $10B to the Music Industry in 2024, $1B More... by michaelt on Tuesday February 04, 2025 @12:42PM (#42935852)

> And yet the Democrats tried to do exactly that

Some people among the Democrats said some things. Politicians say a lot of things.

It's actions that count. And in terms of actions, there hasn't been any meaningful antitrust enforcement since the Clinton administration.

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Re:Spotify Paid $10B to the Music Industry in 2024, $1B More... by scarface_74 on Tuesday February 04, 2025 @12:50PM (#42935987)

Lina Khan went after most of the BigTech companies. They also didn’t support American companies when it came to some of the craziness from mostly the EU.

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