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Technology@lemmy.worldEnglish • 1 year ago

Spotify 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

555

Spotify 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

@4realz@lemmy.world to

Technology@lemmy.worldEnglish • 1 year ago

Why Spotify Struggles to Make Money from Music Streaming

open.substack.com

Despite being the king of music streaming, Spotify is struggling financially, but why?

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1•1 year ago
…they paid Joe Rogan $100M to be exclusive so they must be making profit somewhere…

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