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-square232fedilinkarrow-up1632
arrow-up1632external-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-square232fedilink
minus-squarewolfshadowheart@slrpnk.netlinkfedilinkEnglisharrow-up1·11 months agoThen I’m sure their executives would be happy to take a pay cut to make the business profitable.
Then I’m sure their executives would be happy to take a pay cut to make the business profitable.