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-square53fedilinkarrow-up1143arrow-down114
arrow-up1129arrow-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-square53fedilink
minus-squarehelenslunch@feddit.nllinkfedilinkEnglisharrow-up1·11 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…