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-square233fedilinkarrow-up1618arrow-down169
arrow-up1549arrow-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-square233fedilink
minus-squarephillaholic@lemm.eelinkfedilinkEnglisharrow-up2·7 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.