4realz@lemmy.world to Technology@lemmy.worldEnglish · 1 year 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-square231fedilinkarrow-up1624arrow-down169
arrow-up1555arrow-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 · 1 year agomessage-square231fedilink
minus-squareBlackmist@feddit.uklinkfedilinkEnglisharrow-up6arrow-down2·1 year agoIf they were getting as many listens as Taylor Swift, I’m sure they’d be making bank. But they’re not. A listen ain’t worth a lot and never has been.
If they were getting as many listens as Taylor Swift, I’m sure they’d be making bank. But they’re not. A listen ain’t worth a lot and never has been.