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-square183fedilinkarrow-up1598arrow-down167
arrow-up1531arrow-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-square183fedilink
minus-squareribboo@lemm.eelinkfedilinkEnglisharrow-up3arrow-down1·11 months agoI can take your word for it, or I can consider the fact that basically every major company in the world does it. Somehow I don’t think it’s totally useless.
minus-squarefrezik@midwest.sociallinkfedilinkEnglisharrow-up0arrow-down1·11 months agoPeople who are good at marketing have convinced people with money to do it, yes.
I can take your word for it, or I can consider the fact that basically every major company in the world does it. Somehow I don’t think it’s totally useless.
People who are good at marketing have convinced people with money to do it, yes.