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.

4realz@lemmy.world · 11 months ago

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.

blackjack@sh.itjust.works · 11 months ago

Now I understand why there’s no Spotify HIFI yet.

Kyoyeou (Ki jəʊ juː)@slrpnk.net · 11 months ago

Honnestly Deezer Student has “HIFI” file on in so it’s great for me But I’m quite certain when Spotify HIFI will be launched I’ll already pass on to Quobuz because I wont be a student anymore

spiderman@ani.social · 11 months ago

I will be ready to pay for Spotify again if they bring that.

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.

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.

Why Spotify Struggles to Make Money from Music Streaming