4realz@lemmy.world to Technology@lemmy.worldEnglish · 11 months agoSpotify 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.comexternal-linkmessage-square223fedilinkarrow-up1615arrow-down169
arrow-up1546arrow-down1external-linkSpotify 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.com4realz@lemmy.world to Technology@lemmy.worldEnglish · 11 months agomessage-square223fedilink
minus-squarescottywh@lemmy.worldlinkfedilinkEnglisharrow-up4·11 months agoYour math is correct. Weird Al was exaggerating to make a joke and a point.
Your math is correct.
Weird Al was exaggerating to make a joke and a point.