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Technology@lemmy.worldEnglish • 1 year ago

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.

open.substack.com

548

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.

open.substack.com

@4realz@lemmy.world to

Technology@lemmy.worldEnglish • 1 year ago

Why Spotify Struggles to Make Money from Music Streaming

open.substack.com

Despite being the king of music streaming, Spotify is struggling financially, but why?

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@scottywh@lemmy.world
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58•1 year ago
And the artists still don’t really make shit from it.
- @negativeyoda@lemmy.world
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  14•1 year ago
  It was them or Joe Rogan

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