{"type":"rich","version":"1.0","title":"The ₿udtender wrote","author_name":"The ₿udtender (npub12q…870wm)","author_url":"https://yabu.me/npub12q9x4g8kkw5hj47a0f3e39jlxarfp8h6atasvr7fc8ks0j3f3ctq0870wm","provider_name":"njump","provider_url":"https://yabu.me","html":"Apples to oranges. Spotify makes money by using your content (as an artist) to sell subscriptions and they kick the artist a $0.003 \"commission\" on the artists own IP.\n\nThe wavlake model takes a 10% split which is more akin to what happens with the middlemen in the existing industry taking a cut of profits. Not as egregious as other middlemen though. It all varies but traditionally management will take 15%, distro takes 20%, and the label takes 25% leaving the artist with only 40% before any expenses...\n"}