@4realz to TechnologyEnglish • 9 months 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-square233arrow-up1625arrow-down169cross-posted to: business
arrow-up1556arrow-down1external-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.com@4realz to TechnologyEnglish • 9 months agomessage-square233cross-posted to: business
minus-square@giggling_enginelinkEnglish37•9 months ago“not making profits” Just massive salaries and equity
“not making profits”
Just massive salaries and equity