umami_wasabi to Technology@lemmy.worldEnglish · 10 months agoGoogle admits Spotify pays no Play Store fees because of a secret deal | TechCrunchtechcrunch.comexternal-linkmessage-square132fedilinkarrow-up1884arrow-down18cross-posted to: technology@hexbear.nethackernews@lemmy.smeargle.fanshackernews@derp.footechnology@lemmy.zip
arrow-up1876arrow-down1external-linkGoogle admits Spotify pays no Play Store fees because of a secret deal | TechCrunchtechcrunch.comumami_wasabi to Technology@lemmy.worldEnglish · 10 months agomessage-square132fedilinkcross-posted to: technology@hexbear.nethackernews@lemmy.smeargle.fanshackernews@derp.footechnology@lemmy.zip
minus-squarekpw@kbin.sociallinkfedilinkarrow-up2arrow-down1·10 months ago70% of Spotify profits is a ‘tiny tiny amount’?
minus-squareBonehead@kbin.sociallinkfedilinkarrow-up9arrow-down1·10 months agoTheir last quarterly financial statements shows $65 million profit on $3.36 billion in revenue. So, yes.
minus-squareGissaMittJobblinkfedilinkEnglisharrow-up5arrow-down1·10 months 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.