royalties question for you:
don't spotify royalties just divide up a portion of the revenue available in a given month, so that the more streams that happen in a given month the less each stream is actually worth?
like there's no actual minimum amount for a streaming royalty, right?
if drake is basically crushing Apple Music but nothing else, it basically just means no one else is making shit off of Apple Music.
i dunno how many total streams apple music gets, but i assume he's gotta be something like 50% of them (who knows honestly), so if every stream of his just lowers the total royalty rate, every smaller artist just went from making very little to making virtually nothing
meanwhile a bigger percentage goes straight to drake, who gets the blessing of Uncle Apple
The whole idea of exclusive deals gets into weird variations on a payola theme.
And those exclusive deals almost certainly include actual cash in exchange for the exclusivity too.
So it's like weird reverse payola that still has the same anti-competitive effects.