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.
ribboo @ ribboo @lemm.ee Posts 10Comments 172Joined 2 yr. ago
ribboo @ ribboo @lemm.ee
Posts
10
Comments
172
Joined
2 yr. ago
I can take your word for it, or I can consider the fact that basically every major company in the world does it. Somehow I don’t think it’s totally useless.