4realz@lemmy.world to Technology@lemmy.worldEnglish · 7 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-square230fedilinkarrow-up1621arrow-down167
arrow-up1554arrow-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 · 7 months agomessage-square230fedilink
minus-squareecho64@lemmy.worldlinkfedilinkEnglisharrow-up1·7 months agoYes. Spotify needs to figure out their burn rate for their salaries because taking more money away from artists isn’t the solution like op wants.
minus-squarecjsolx@lemmy.worldlinkfedilinkEnglisharrow-up2·7 months agoBut taking money away from employees is?
Yes. Spotify needs to figure out their burn rate for their salaries because taking more money away from artists isn’t the solution like op wants.
But taking money away from employees is?