4realz@lemmy.world to Business@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-square14fedilinkarrow-up126arrow-down17cross-posted to: [email protected]
arrow-up119arrow-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 Business@lemmy.worldEnglish · 1 year agomessage-square14fedilinkcross-posted to: [email protected]
Boo hoo.