4realz@lemmy.world to Technology@lemmy.worldEnglish · 2 years 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-square231fedilinkarrow-up1633cross-posted to: business@lemmy.world
arrow-up1633external-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 · 2 years agomessage-square231fedilinkcross-posted to: business@lemmy.world
minus-squareashok36@lemmy.worldlinkfedilinkEnglisharrow-up4·2 years agoServers and employees. Nothing else. Got it. No office space, no advertising, no royalties. What a genius business plan. No wonder they’re so successful.
minus-squarewolfshadowheart@slrpnk.netlinkfedilinkEnglisharrow-up1·2 years agoThen I’m sure their executives would be happy to take a pay cut to make the business profitable.
Servers and employees. Nothing else. Got it. No office space, no advertising, no royalties.
What a genius business plan. No wonder they’re so successful.
Then I’m sure their executives would be happy to take a pay cut to make the business profitable.