4realz@lemmy.world to Technology@lemmy.worldEnglish · 2 years 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-square74linkfedilinkarrow-up1327arrow-down137
arrow-up1290arrow-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.com4realz@lemmy.world to Technology@lemmy.worldEnglish · 2 years agomessage-square74linkfedilink
minus-squareraptir@lemdro.idlinkfedilinkEnglisharrow-up2·2 years agoPandora didn’t replace buying music. They did not add the “on demand streaming” option until after Spotify was prevalent.
Pandora didn’t replace buying music. They did not add the “on demand streaming” option until after Spotify was prevalent.