Comment on 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.

• echo64@lemmy.world ⁨9⁩ ⁨months⁩ ago

  I actually work in cloud engineering and regularly price this kind of thing up.

  Their costs are salaries not aws bills.

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  • EnderMB@lemmy.world ⁨9⁩ ⁨months⁩ ago

    But that’s practically true of any large tech company. It’s been conventional wisdom in the tech industry for over a decade that tech is cheap, people aren’t.

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    • echo64@lemmy.world ⁨9⁩ ⁨months⁩ ago

      Yes. Spotify needs to figure out their burn rate for their salaries because taking more money away from artists isn’t the solution like op wants.

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      • cjsolx@lemmy.world ⁨9⁩ ⁨months⁩ ago

        But taking money away from employees is?

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• chameleon@kbin.social ⁨9⁩ ⁨months⁩ ago

  Not that high. Spotify uses some pretty tight compression (not good, just tight); most users get 96-128kbit/s AAC, premium can go a bit higher if opted in. That works out to about 16KB/s or 58MB/hour, assuming nothing's cached.

  Bandwidth pricing very much goes down with scale, not up. But even the non-committed AWS pricing at Spotify's scale is 2 to 3 cents/GB. You end up paying way less than that with any kind of commitment and AWS isn't the cheapest around to begin with.

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