4realz@lemmy.world to Technology@lemmy.worldEnglish · 1 year 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-square92fedilinkarrow-up1464arrow-down157
arrow-up1407arrow-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 · 1 year agomessage-square92fedilink
minus-squareecho64@lemmy.worldlinkfedilinkEnglisharrow-up11arrow-down2·1 year 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