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-square206fedilinkarrow-up1624cross-posted to: business@lemmy.world
arrow-up1624external-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-square206fedilinkcross-posted to: business@lemmy.world
minus-squareecho64@lemmy.worldlinkfedilinkEnglisharrow-up1·11 months agoYes. Spotify needs to figure out their burn rate for their salaries because taking more money away from artists isn’t the solution like op wants.
Yes. Spotify needs to figure out their burn rate for their salaries because taking more money away from artists isn’t the solution like op wants.