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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 to c/technology@lemmy.world
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[–] 1 point 2 years ago

The most popular musoc streaming service. Definitely not the best. They still don't offer lossless musoc streaming and their lossy files use an outdated encoder.

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