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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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[-] jonne@infosec.pub 4 points 11 months ago

Hold on, what's going to happen to Disney? I got the impression they're really eating into Netflix' market share. They basically own a huge chunk of the content most people care about.

this post was submitted on 17 Dec 2023

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