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-square232fedilinkarrow-up1624arrow-down169cross-posted to: business@lemmy.world
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-square232fedilinkcross-posted to: business@lemmy.world
minus-squarefrezik@midwest.sociallinkfedilinkEnglisharrow-up1arrow-down2·1 year agoPeople who are good at marketing have convinced people with money to do it, yes.
People who are good at marketing have convinced people with money to do it, yes.