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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)

submitted 11 months ago by 4realz@lemmy.world to c/technology@lemmy.world

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[–] echo64@lemmy.world 0 points 11 months ago* (last edited 11 months ago) (2 children)

Ugh, yes poor poor spotify, fuck that. Artists can't even make a living making music anymore thanks to spotify. Fuck off blaming artists for trying to get paid. Fuck this article. Oh no it only gets a third of the revenue?! Abhorrent, no it should get ALL the revenue, for doing what, having a server with music on it. Amazing. Fuck spotify.

[–] 4realz@lemmy.world 0 points 11 months ago (1 children)

Wooh. 👀. This isn't Spotify's fault. They can't pay artists if they don't have money.

[–] Dio@lemy.lol -1 points 11 months ago

Haha. Don't be shocked by the reaction. We live in a world where a certain portion of 'people' Believe every thing should be free and corporations don't need money at all and should just be willed in to existence and live off of the ether.

Etc. Etc. Rich people bad