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-square241fedilinkarrow-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 · 11 months agomessage-square241fedilinkcross-posted to: business@lemmy.world
minus-squaregiggling_engine@lemmy.worldlinkfedilinkEnglisharrow-up39arrow-down2·11 months ago“not making profits” Just massive salaries and equity
“not making profits”
Just massive salaries and equity