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-square230fedilinkarrow-up1602arrow-down166
arrow-up1536arrow-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-square230fedilink
minus-square4realz@lemmy.worldOPlinkfedilinkEnglisharrow-up8arrow-down3·11 months agoExactly, Spotify is stuck between pleasing artists and the big publishers.
Exactly, Spotify is stuck between pleasing artists and the big publishers.