4realz@lemmy.world to Technology@lemmy.worldEnglish · 8 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-square58fedilinkarrow-up1144arrow-down123
arrow-up1121arrow-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 · 8 months agomessage-square58fedilink
minus-square4realz@lemmy.worldOPlinkfedilinkEnglisharrow-up6arrow-down4·8 months agoExactly, Spotify is stuck between pleasing artists and the big publishers.
Exactly, Spotify is stuck between pleasing artists and the big publishers.