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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GenEcon@lemm.ee ⁨1⁩ ⁨year⁩ ago

Spotify takes 30 %, too. The ‘one third’ in the headline is just rounding.

And the question should be if digital markets and platforms should take 30 % or not. Because every platform does so from Steam to Apple App Store to Spotify.

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