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Technology@lemmy.worldEnglish • 2 years 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.

open.substack.com

548

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.

open.substack.com

@4realz@lemmy.world to

Technology@lemmy.worldEnglish • 2 years ago

Why Spotify Struggles to Make Money from Music Streaming

open.substack.com

Despite being the king of music streaming, Spotify is struggling financially, but why?

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@Jtotheb@lemmy.world
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26•2 years ago
You’ve never heard of someone buying music on iTunes?
- @1371113@lemmy.world
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  1•2 years ago
  Genuinely, never. It wasn’t that popular in my country.

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