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.

4realz@lemmy.world · 1 year 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.

JWBananas@startrek.website · 1 year ago

Interesting. I’m across the pond.

I wonder if it’s only specific podcasts?

Almost everything I listen to is from NPR or APM or PRX. There are plenty of ads, but they’re burned into the podcasts just like on every other platform.

Maybe Spotify is inserting ads into the podcasts that they paid high amounts for? They spent, what, a billion dollars on exclusivity deals?

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.

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.

Spotify doesn't make profit from music streaming, despite having over 400M monthly active users.