4realz@lemmy.world to

Technology@lemmy.worldEnglish · 2 years ago

Spotify 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.com

407

Spotify 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.com

4realz@lemmy.world to

Technology@lemmy.worldEnglish · 2 years ago

Why Spotify Struggles to Make Money from Music Streaming

open.substack.com

Despite being the king of music streaming, Spotify is struggling financially, but why?

Chat

small44@lemmy.world
link
fedilink
English
arrow-up
7·
edit-2
2 years ago
I hear people buying music from Bandcamp everyday

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

3.42K users / day
10.2K users / week
18.1K users / month
38.8K users / 6 months
1 local subscriber
72K subscribers
11.7K Posts
281K Comments
Modlog