4realz@lemmy.world to Technology@lemmy.worldEnglish · 10 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-square242fedilinkarrow-up1640arrow-down170cross-posted to: business@lemmy.world
arrow-up1570arrow-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 · 10 months agomessage-square242fedilinkcross-posted to: business@lemmy.world
minus-squareaveragedrunklinkfedilinkEnglisharrow-up1·10 months agoYep. There are a few services that pay out 100% of what you make on Spotify for free. They keep the money for a short period in order to grab a little interest then it’s yours free and clear. You still don’t make shit as an indie artist.
Yep. There are a few services that pay out 100% of what you make on Spotify for free. They keep the money for a short period in order to grab a little interest then it’s yours free and clear.
You still don’t make shit as an indie artist.