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Technology@lemmy.worldEnglish · 11 months ago

Spotify 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

cross-posted to:
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Spotify 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 · 11 months ago

cross-posted to:
business@lemmy.world

Why Spotify Struggles to Make Money from Music Streaming

open.substack.com

Despite being the king of music streaming, Spotify is struggling financially, but why?

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11 months ago
You’ve got my heart working overtime. Louis Cole is a monster.

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