Business

503 readers

81 users here now

A place to share business news and insights.

Rules

Follow lemmy.world rules
Only post content related to business
Do not use this community to promote your business

founded 2 years ago

MODERATORS

[email protected]

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 1 year ago by [email protected] to c/[email protected]

10 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 1 year ago

Interesting. I'm across the pond.

I wonder if it's only specific podcasts?

Almost everything I listen to is from NPR or APM or PRX. There are plenty of ads, but they're burned into the podcasts just like on every other platform.

Maybe Spotify is inserting ads into the podcasts that they paid high amounts for? They spent, what, a billion dollars on exclusivity deals?