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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alt_xa_23@lemmy.world ⁨10⁩ ⁨months⁩ ago

Epic sold it to a company called Songtradr, who shortly laid off a good chunk of the staff. They haven’t done too much so far, but it could easily go south from here.

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