TechnologyEnglish · 2 years ago

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.

open.substack.com

cross-posted to:
business

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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.

open.substack.com

TechnologyEnglish · 2 years ago

cross-posted to:
business

Why Spotify Struggles to Make Money from Music Streaming

open.substack.com

Despite being the king of music streaming, Spotify is struggling financially, but why?

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2 years ago
I think Taylor Swift just about broke even, mostly thanks to my wife and her friends.

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