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 Why Spotify Struggles to Make Money from Music Streaming

Despite being the king of music streaming, Spotify is struggling financially, but why?

1 crossposts

Technology @lemmy.world 4realz @lemmy.world 9mo ago

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 /pub/olasnewsletter/p/why-spotify-struggles-to-make-money-from-music-streaming-ba940fc56ebd

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