4realz@lemmy.world to Technology@lemmy.worldEnglish · 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.comexternal-linkmessage-square229fedilinkarrow-up1627arrow-down169
arrow-up1558arrow-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 · 1 year agomessage-square229fedilink
minus-squareecho64@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·1 year agoservers and traffic are basically free, it’s very low cost - their expenses are salaries not servers.
servers and traffic are basically free, it’s very low cost - their expenses are salaries not servers.