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-up20arrow-down3·8 months agoI actually work in cloud engineering and regularly price this kind of thing up. Their costs are salaries not aws bills.
I actually work in cloud engineering and regularly price this kind of thing up.
Their costs are salaries not aws bills.