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4realz @lemmy.world
Posts 4
Comments 25
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.
  • Spotify is definitely not the villain here, they have created the best music streaming platform in the world. The big publishers also can't be called the villains per say, but it wasn't so nice of them to force a small startup (Spotify in it's early days) to sign contracts that will permanently force it to payout about $0.66 out of every $1 it makes.

  • Netflix Resumes Advertising on X After Elon Musk Controversy
  • Netflix and X are both Tech companies, so this is tech related content. Which follows Rule 2 of the community. Posting about 'Drake's new music video' for example will be "unrelated stuff to this community".

  • Business @lemmy.world 4realz @lemmy.world

    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?

    Why Spotify Struggles to Make Money from Music Streaming
    12

    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?

    Why Spotify Struggles to Make Money from Music Streaming
    233
    open.substack.com Why Google Pays Apple $18 Billion Every Year

    Contrary to what the world thinks, Google and Apple depend on each other

    Why Google Pays Apple $18 Billion Every Year
    8
    open.substack.com Five People Founded Tesla, But Only Elon Musk Became Extremely Rich

    The untold story of Tesla’s unlucky co-founders and how they missed the billionaire bus

    Five People Founded Tesla, But Only Elon Musk Became Extremely Rich
    108