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-square216linkfedilinkarrow-up1612arrow-down169
arrow-up1543arrow-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 · 2 years agomessage-square216linkfedilink
minus-squareMossy Feathers (She/Her)@pawb.socialBannedlinkfedilinkEnglisharrow-up19arrow-down1·edit-21 year agoRemoved by mod
minus-squareecho64@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down8·2 years agoNo, labels are shits. Spotify pays indie artists shit too though. This is not a case of labels being greedy. This is a case of spotify being greedy and making a bad situation worse.
Removed by mod
No, labels are shits. Spotify pays indie artists shit too though.
This is not a case of labels being greedy. This is a case of spotify being greedy and making a bad situation worse.