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-square232fedilinkarrow-up1618arrow-down169
arrow-up1549arrow-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-square232fedilink
minus-squareraptir@lemdro.idlinkfedilinkEnglisharrow-up8arrow-down1·11 months agoPandora didn’t replace buying music. They did not add the “on demand streaming” option until after Spotify was prevalent.
Pandora didn’t replace buying music. They did not add the “on demand streaming” option until after Spotify was prevalent.