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. - eviltoast
  • Crit@links.hackliberty.org
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    1 year ago

    It didn’t buy the format and then cancelled it, it did it purely by providing a more convenient way of listening to music than downloading mp3s, so yes, it’s a win

    • small44@lemmy.world
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      1 year ago

      I personally think mp3’s are more convinient. I don’t have to use multiple subscriptions to access to platforms exclusivities , i don’t need to worry about songs becoming unavailable. I have a big playlist on spotify with a lot of grayed out songs. Also, local music players are a lot better than any streaming service player.

      • yamanii@lemmy.world
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        1 year ago

        Yeah, people often forget about the gray ones, even on yt music my music playlist that works fine on the video app, has some songs greyed out when I tried to listen to it inside yt music.