4realz@lemmy.world to Technology@lemmy.worldEnglish · 3 years 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-square231linkfedilinkarrow-up1619arrow-down167
arrow-up1552arrow-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 · 3 years agomessage-square231linkfedilink
minus-squarelolcatnip@reddthat.comlinkfedilinkEnglisharrow-up1·3 years agoThat’s not a guarantee either unless you know how much they spent getting in a position for you to hand them cash.
That’s not a guarantee either unless you know how much they spent getting in a position for you to hand them cash.