@4realz@lemmy.world to Technology@lemmy.worldEnglish • 1 year 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-square139fedilinkarrow-up1490arrow-down156
arrow-up1434arrow-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.com@4realz@lemmy.world to Technology@lemmy.worldEnglish • 1 year agomessage-square139fedilink
minus-square@Darkhoof@lemmy.worldlinkfedilinkEnglish72•1 year agoThe rights holders are the record labels. As much as artists want to complain about Spotify they should direct their criticism to their record labels.
The rights holders are the record labels. As much as artists want to complain about Spotify they should direct their criticism to their record labels.
What about independent artists?