4realz@lemmy.world to Technology@lemmy.worldEnglish · 10 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-square232fedilinkarrow-up1613arrow-down166
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 · 10 months agomessage-square232fedilink
minus-squareczech@low.faux.moelinkfedilinkEnglisharrow-up15arrow-down6·10 months agoTo be fair- Spotify priced the service that doesn’t make enough profit to pay artists adequately.
To be fair- Spotify priced the service that doesn’t make enough profit to pay artists adequately.