4realz@lemmy.world to Technology@lemmy.worldEnglish · 11 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-square212fedilinkarrow-up1579arrow-down165
arrow-up1514arrow-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 · 11 months agomessage-square212fedilink
minus-squaregiggling_engine@lemmy.worldlinkfedilinkEnglisharrow-up35arrow-down1·11 months ago“not making profits” Just massive salaries and equity
“not making profits”
Just massive salaries and equity