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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 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 15 points 10 months ago (1 children)

I mostly listen to smaller bands and buy their stuff on Bandcamp. It sucks that Bandcamp was sold (twice now) and will probably go down the shitter, but that seemed like a more sustainable model. Also buying music is nicer than renting it for me.

[–] [email protected] 8 points 10 months ago

Team Bandcamp as well. I'll be sad if it degrades. My hope is it survives long enough to be discovered by everyone as they get sick of the shit music streams on Spotify, Pandora and their ilk