4realz@lemmy.world to Technology@lemmy.worldEnglish · 11 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-square232fedilinkarrow-up1626arrow-down168cross-posted to: business@lemmy.world
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 · 11 months agomessage-square232fedilinkcross-posted to: business@lemmy.world
minus-squarewolfshadowheart@slrpnk.netlinkfedilinkEnglisharrow-up1·11 months agoI thought it was 2,000?
I thought it was 2,000?