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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. (open.substack.com)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 11 months ago (1 children)

Which didn't pay a cent to artists. It was basically pirating working in a greyzone.

[–] [email protected] 1 points 11 months ago

think the reason the fediverse isn’t popular is because people have negative opinions of Spotify? As if these opinions wouldn’t also be prevalent on Reddit? As if having to see opinions you didn’t agree with was ever holding reddit back to begin with? I don't disagree, I just mentioned it because it's a streaming service that came before Spotify