@4realz to TechnologyEnglish • 1 year 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-square232arrow-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 • 1 year agomessage-square232cross-posted to: business
minus-square@chitak166linkEnglish1•1 year agoMoral of the story is people should stop lowering their standards so those richer than them can be even richer.
Moral of the story is people should stop lowering their standards so those richer than them can be even richer.