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-squareCorgana@startrek.websitelinkfedilinkEnglisharrow-up24arrow-down5·edit-29 months agoSpotify is far from powerless in this arrangement too. Nobody is forcing them to be in this business.
Spotify is far from powerless in this arrangement too. Nobody is forcing them to be in this business.