@[email protected] to [email protected]English • 10 months 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-square233fedilinkarrow-up1625arrow-down169
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@[email protected] to [email protected]English • 10 months agomessage-square233fedilink
minus-square@[email protected]linkfedilinkEnglish8•10 months agoTo be fair- Spotify priced the service that doesn’t make enough profit to pay artists adequately.
minus-square@[email protected]OPlinkfedilinkEnglish12•10 months agoLike the article explains, they can’t price their services too expensively, because of competition. If Spotify becomes $25/month, most users will move to Apple Music or YouTube Music, etc.
To be fair- Spotify priced the service that doesn’t make enough profit to pay artists adequately.
Like the article explains, they can’t price their services too expensively, because of competition. If Spotify becomes $25/month, most users will move to Apple Music or YouTube Music, etc.