4realz@lemmy.world to Technology@lemmy.worldEnglish · 11 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-square229fedilinkarrow-up1616arrow-down169cross-posted to: business@lemmy.world
arrow-up1547arrow-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 · 11 months agomessage-square229fedilinkcross-posted to: business@lemmy.world
minus-square4realz@lemmy.worldOPlinkfedilinkEnglisharrow-up9arrow-down5·11 months agoExactly, Spotify is stuck between pleasing artists and the big publishers.
Exactly, Spotify is stuck between pleasing artists and the big publishers.