@4realz@lemmy.world to Technology@lemmy.worldEnglish • 2 years 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-square231fedilinkarrow-up1617arrow-down169
arrow-up1548arrow-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.com@4realz@lemmy.world to Technology@lemmy.worldEnglish • 2 years agomessage-square231fedilink
minus-squarenihthlinkfedilinkEnglish1•2 years agoIt’s not needed, but for some reason artists keep signing, so there is probably something they provide that makes it worth it
minus-square@Plopp@lemmy.worldlinkfedilinkEnglish2•2 years agoIt’s because it’s the only game in town.
It’s not needed, but for some reason artists keep signing, so there is probably something they provide that makes it worth it
It’s because it’s the only game in town.