umami_wasabi@lemmy.ml to Technology@lemmy.worldEnglish · 1 year agoGoogle admits Spotify pays no Play Store fees because of a secret deal | TechCrunchtechcrunch.comexternal-linkmessage-square120fedilinkarrow-up1863cross-posted to: hackernews@lemmy.smeargle.fanshackernews@derp.footechnology@lemmy.zip
arrow-up1863external-linkGoogle admits Spotify pays no Play Store fees because of a secret deal | TechCrunchtechcrunch.comumami_wasabi@lemmy.ml to Technology@lemmy.worldEnglish · 1 year agomessage-square120fedilinkcross-posted to: hackernews@lemmy.smeargle.fanshackernews@derp.footechnology@lemmy.zip
minus-squarekpw@kbin.sociallinkfedilinkarrow-up3·1 year ago70% of Spotify profits is a ‘tiny tiny amount’?
minus-squareBonehead@kbin.sociallinkfedilinkarrow-up9·1 year agoTheir last quarterly financial statements shows $65 million profit on $3.36 billion in revenue. So, yes.
minus-squareGissaMittJobb@lemmy.mllinkfedilinkEnglisharrow-up5·1 year ago70% of profits would be miniscule, but the figure is not true so you can safely disregard everything they said.
70% of Spotify profits is a ‘tiny tiny amount’?
Their last quarterly financial statements shows $65 million profit on $3.36 billion in revenue. So, yes.
70% of profits would be miniscule, but the figure is not true so you can safely disregard everything they said.