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.

4realz@lemmy.world · 10 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.

Strykker@programming.dev · 10 months ago

No it’s not because people here don’t like Spotify, but the stupid ass takes y’all have that lead to Spotify hate bleed through in half the other content on here that people don’t like either.

That fact that you thought ops comment was about disliking Spotify specifically reinforces it.

teichflamme@lemm.ee · 10 months ago

Exactly. The amount of insufferable people with absolute shit takes that wouldn’t stand in the real world is amazing here on lemmy

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.

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.

Why Spotify Struggles to Make Money from Music Streaming