@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-square280fedilinkarrow-up1617arrow-down169
arrow-up1548arrow-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 Technology@lemmy.worldEnglish • 1 year agomessage-square280fedilink
minus-square@scottywh@lemmy.worldlinkfedilinkEnglish58•1 year agoAnd the artists still don’t really make shit from it.