4realz@lemmy.world to Technology@lemmy.worldEnglish · 9 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-square100fedilinkarrow-up1217arrow-down130
arrow-up1187arrow-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 · 9 months agomessage-square100fedilink
minus-squarephillaholic@lemm.eelinkfedilinkEnglisharrow-up2·9 months ago Spotify plays a significant role in transforming music into a product akin to fast food, prioritizing mass consumption over artistic value. Have you never heard of Top 40 before?
Have you never heard of Top 40 before?