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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lolcatnip@reddthat.com ⁨10⁩ ⁨months⁩ ago

Stuff that nobody wants to listen to just takes up space and clutters up searches, making it harder for people to find the stuff they actually want. It had negative value for the platform and for users. That’s why they went the AI stuff gone. If a few actual bands miss out on a few dollars of revenue as a result of Spotify getting rid of the outright junk, I’m not gonna shed a tear over it.

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