Aram Sinnreich on Nostr: Spotify just reported record-breaking profits. In totally unrelated news, Spotify ...

Spotify just reported record-breaking profits.

In totally unrelated news, Spotify stopped paying nearly 90% of artists on the service ANYTHING (no royalties for songs w <1k streams/year)

https://www.hollywoodreporter.com/business/business-news/spotify-earnings-profitability-subscribers-1236060081/