4realz@lemmy.world to Technology@lemmy.worldEnglish · 1 year 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 · 1 year agomessage-square225fedilinkcross-posted to: business@lemmy.world
minus-squareEngineerGaming@feddit.nllinkfedilinkEnglisharrow-up2arrow-down2·1 year agoAlso it hasn’t, because having your actual collection on a streaming service is leagues less convenient than a bunch of mp3s on a hard drive.
Also it hasn’t, because having your actual collection on a streaming service is leagues less convenient than a bunch of mp3s on a hard drive.