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.

<- View Parent
Transcendant@lemmy.world ⁨11⁩ ⁨months⁩ ago

Spotify iirc pays $0.003 per stream, so for 80m streams he’s got $24,000.

source
Sort:hotnewtop