@[email protected] to [email protected]English • 1 year 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 • 1 year agomessage-square210fedilinkcross-posted to: [email protected]
minus-squarenihthlinkfedilinkEnglish1•1 year 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@[email protected]linkfedilinkEnglish2•1 year 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.