4realz@lemmy.world to Technology@lemmy.worldEnglish · 7 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-square233fedilinkarrow-up1625arrow-down169cross-posted to: business@lemmy.world
arrow-up1556arrow-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 · 7 months agomessage-square233fedilinkcross-posted to: business@lemmy.world
minus-squarerestingboredface@sh.itjust.workslinkfedilinkEnglisharrow-up9·7 months ago it’s going really bad. Especially for Disney, who deserve everything coming to them. < I can’t like a statement hard enough. Amen.
I can’t like a statement hard enough. Amen.