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.

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echo64@lemmy.world ⁨11⁩ ⁨months⁩ ago

Yes, and they don’t deserve a market if they can’t pay artists to make the content. They should not exist if they can’t do that.

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