4realz@lemmy.world to Technology@lemmy.worldEnglish · 9 months agoSpotify doesn't make profit from music streaming, despite having over 400M monthly active users, because it pays two-thirds of all its revenue to the rights holders.open.substack.comexternal-linkmessage-square157fedilinkarrow-up1550arrow-down162
arrow-up1488arrow-down1external-linkSpotify doesn't make profit from music streaming, despite having over 400M monthly active users, because it pays two-thirds of all its revenue to the rights holders.open.substack.com4realz@lemmy.world to Technology@lemmy.worldEnglish · 9 months agomessage-square157fedilink
minus-squareecho64@lemmy.worldlinkfedilinkEnglisharrow-up12arrow-down4·9 months ago33% is a massive amount for effectively just being a download service. massive
33% is a massive amount for effectively just being a download service. massive