4realz@lemmy.world to Technology@lemmy.worldEnglish · a year 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-square232fedilinkarrow-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 · a year agomessage-square232fedilinkcross-posted to: business@lemmy.world
minus-squareecho64@lemmy.worldlinkfedilinkEnglisharrow-up2·a year agoservers and traffic are basically free, it’s very low cost - their expenses are salaries not servers.
servers and traffic are basically free, it’s very low cost - their expenses are salaries not servers.