Masimatutu@lemm.ee to Data Is Beautiful@lemmy.ml · 1 year agoEvolution of recorded-music revenue over the last 50 yearsfiles.mastodon.socialimagemessage-square56fedilinkarrow-up1424file-text
arrow-up1424imageEvolution of recorded-music revenue over the last 50 yearsfiles.mastodon.socialMasimatutu@lemm.ee to Data Is Beautiful@lemmy.ml · 1 year agomessage-square56fedilinkfile-text
minus-squareecho64@lemmy.worldlinkfedilinkarrow-up3·1 year agothis is a really helpful place to talk about how profits != revenue. So after spotify pays itself all the money it might want to take from subscriptions and ad revenue, you are left with the “profits” which now get split 30% in favour of spotify.
minus-squaresmeg@feddit.uklinkfedilinkEnglisharrow-up2·1 year agoTrue, it’s all creative accounting to obfuscate what’s actually going on
this is a really helpful place to talk about how profits != revenue.
So after spotify pays itself all the money it might want to take from subscriptions and ad revenue, you are left with the “profits” which now get split 30% in favour of spotify.
True, it’s all creative accounting to obfuscate what’s actually going on