@[email protected] to [email protected]English • 11 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.commessage-square210fedilinkarrow-up1618cross-posted to: [email protected]
arrow-up1550external-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@[email protected] to [email protected]English • 11 months agomessage-square210fedilinkcross-posted to: [email protected]
minus-square@[email protected]linkfedilinkEnglish4•11 months ago Actually it sounds like just being rewarded for having money to begin with. That’s most of the economy.
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That’s most of the economy.