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.

4realz@lemmy.world · 11 months 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.

AnonTwo@kbin.social · edit-2 11 months ago

Free is literally why they have the market they have. Completely silly point.

You can’t assume the price point changes and the market remains the same as well. It’s more complicated than that. We literally have talks of people leaving Netflix every other week from the constant changes being made this year.

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.

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.

Why Spotify Struggles to Make Money from Music Streaming