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
  • echoplex21@lemmy.world
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    1 year ago

    Basically the moral of the story is that Spotify should have followed in their footsteps and become their own record company.

    • chitak166@lemmy.world
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      1 year ago

      Moral of the story is people should stop lowering their standards so those richer than them can be even richer.