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-square200fedilinkarrow-up1525arrow-down157
arrow-up1468arrow-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-square200fedilink
minus-squarephillaholic@lemm.eelinkfedilinkEnglisharrow-up1·7 months agoI think you’re twenty years too late on that worry. Most artists didn’t make any money once iTunes came out and singles became popular.
I think you’re twenty years too late on that worry. Most artists didn’t make any money once iTunes came out and singles became popular.