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-squareecho64@lemmy.worldlinkfedilinkEnglisharrow-up6·8 months agoYes, it is. It’s entirely spotifies making. It’s the situation spotify has created. And the answer is absolutely not ‘starve artists even more than we do today’.
Yes, it is. It’s entirely spotifies making. It’s the situation spotify has created. And the answer is absolutely not ‘starve artists even more than we do today’.