@4realz@lemmy.world to Technology@lemmy.worldEnglish • 5 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-up1623arrow-down169
arrow-up1554arrow-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.com@4realz@lemmy.world to Technology@lemmy.worldEnglish • 5 months agomessage-square233fedilink
minus-square@helenslunchlinkEnglish1•5 months ago…they paid Joe Rogan $100M to be exclusive so they must be making profit somewhere…
…they paid Joe Rogan $100M to be exclusive so they must be making profit somewhere…