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-square225fedilinkarrow-up1626arrow-down167cross-posted to: business@lemmy.world
arrow-up1559arrow-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-square225fedilinkcross-posted to: business@lemmy.world
minus-squareribboo@lemm.eelinkfedilinkEnglisharrow-up3arrow-down1·11 months agoI can take your word for it, or I can consider the fact that basically every major company in the world does it. Somehow I don’t think it’s totally useless.
minus-squareArcka@midwest.sociallinkfedilinkEnglisharrow-up1·11 months agoYeah, that dude’s take reads just like climate science denial and flat earth conspiracies.
minus-squarefrezik@midwest.sociallinkfedilinkEnglisharrow-up1arrow-down2·11 months agoPeople who are good at marketing have convinced people with money to do it, yes.
I can take your word for it, or I can consider the fact that basically every major company in the world does it. Somehow I don’t think it’s totally useless.
Yeah, that dude’s take reads just like climate science denial and flat earth conspiracies.
People who are good at marketing have convinced people with money to do it, yes.