@4realz@lemmy.world to Business@lemmy.worldEnglish • 6 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-square0fedilinkarrow-up11arrow-down10cross-posted to: technology@lemmy.world
arrow-up11arrow-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.com@4realz@lemmy.world to Business@lemmy.worldEnglish • 6 months agomessage-square0fedilinkcross-posted to: technology@lemmy.world
