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Technology@lemmy.worldEnglish · 11 months ago

Spotify 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

555

Spotify 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 · 11 months ago

Why Spotify Struggles to Make Money from Music Streaming

open.substack.com

Despite being the king of music streaming, Spotify is struggling financially, but why?

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11 months ago
“not making profits”

Just massive salaries and equity

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