4realz@lemmy.world to Technology@lemmy.worldEnglish · 8 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-square231fedilinkarrow-up1623arrow-down169
arrow-up1554arrow-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 · 8 months agomessage-square231fedilink
minus-squareGenEcon@lemm.eelinkfedilinkEnglisharrow-up1arrow-down2·8 months agoEven the smallest artists are making more than 1000 streams yearly. The only ones they are hurting are AI generated songs.
Even the smallest artists are making more than 1000 streams yearly. The only ones they are hurting are AI generated songs.