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4realz@lemmy.world to Technology@lemmy.worldEnglish · 2 years 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.

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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.

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4realz@lemmy.world to Technology@lemmy.worldEnglish · 2 years ago
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Why Spotify Struggles to Make Money from Music Streaming
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Despite being the king of music streaming, Spotify is struggling financially, but why?
  • المنطقة عكف عفريت@lemmy.world
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    2 years ago

    Taylor Swift somehow being a hallmark of the times makes me wish the whole world would end in a giant ball of fire.

    • ___@lemm.ee
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      2 years ago

      She’s not the worst role model we’ve ever seen, so at least the world isn’t completely mad. I think her music is mediocre, and don’t understand the fanfare, but to each their own.

      • المنطقة عكف عفريت@lemmy.world
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        2 years ago

        I think as a person she’s fine. But as a branding machine… meh.

    • rab@lemmy.ca
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      2 years ago

      I’m glad bands I like aren’t big so I can afford to go to their shows :)

    • Candybar121@lemmy.world
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      deleted by creator

      • المنطقة عكف عفريت@lemmy.world
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        2 years ago

        I’m 30…and you? (kinda afraid to ask at this point lol)

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