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-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.com4realz@lemmy.world to Technology@lemmy.worldEnglish · 11 months agomessage-square176fedilinkcross-posted to: business@lemmy.world
minus-squarelolcatnip@reddthat.comlinkfedilinkEnglisharrow-up1·11 months agoThat’s not a guarantee either unless you know how much they spent getting in a position for you to hand them cash.
That’s not a guarantee either unless you know how much they spent getting in a position for you to hand them cash.