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-square202fedilinkarrow-up1602arrow-down167
arrow-up1535arrow-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-square202fedilink
minus-squarefrezik@midwest.sociallinkfedilinkEnglisharrow-up0arrow-down2·11 months agoPeople who are good at marketing have convinced people with money to do it, yes.
People who are good at marketing have convinced people with money to do it, yes.