@4realz@lemmy.world to Technology@lemmy.worldEnglish • 5 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-square176fedilinkarrow-up1556arrow-down155cross-posted to: business@lemmy.world
arrow-up1501arrow-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.com@4realz@lemmy.world to Technology@lemmy.worldEnglish • 5 months agomessage-square176fedilinkcross-posted to: business@lemmy.world
minus-squarephillaholiclinkEnglish2•5 months agoI think you’re twenty years too late on that worry. Most artists didn’t make any money once iTunes came out and singles became popular.
I think you’re twenty years too late on that worry. Most artists didn’t make any money once iTunes came out and singles became popular.