▲ 557 ▼ Spotify 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.com) submitted 2 years ago by 4realz@lemmy.world to c/technology@lemmy.world 232 comments fedilink hide all child comments
[+] echo64@lemmy.world -11 points 2 years ago Spotify is not new. Spotify already manage their payout. To labels and indies. They screw over both massively. permalink fedilink source parent