<oembed><type>rich</type><version>1.0</version><title>The ₿udtender wrote</title><author_name>The ₿udtender (npub12q…870wm)</author_name><author_url>https://yabu.me/npub12q9x4g8kkw5hj47a0f3e39jlxarfp8h6atasvr7fc8ks0j3f3ctq0870wm</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><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 &#34;commission&#34; on the artists own IP.&#xA;&#xA;The 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...&#xA;</html></oembed>