umami_wasabi@lemmy.ml to Technology@lemmy.worldEnglish · 1 年前Google admits Spotify pays no Play Store fees because of a secret deal | TechCrunchtechcrunch.comexternal-linkmessage-square139fedilinkarrow-up1878arrow-down19cross-posted to: [email protected][email protected][email protected][email protected]
arrow-up1869arrow-down1external-linkGoogle admits Spotify pays no Play Store fees because of a secret deal | TechCrunchtechcrunch.comumami_wasabi@lemmy.ml to Technology@lemmy.worldEnglish · 1 年前message-square139fedilinkcross-posted to: [email protected][email protected][email protected][email protected]
minus-squarekpw@kbin.sociallinkfedilinkarrow-up3arrow-down2·1 年前70% of Spotify profits is a ‘tiny tiny amount’?
minus-squareBonehead@kbin.sociallinkfedilinkarrow-up9arrow-down1·1 年前Their last quarterly financial statements shows $65 million profit on $3.36 billion in revenue. So, yes.
minus-squareGissaMittJobb@lemmy.mllinkfedilinkEnglisharrow-up5arrow-down1·1 年前70% of profits would be miniscule, but the figure is not true so you can safely disregard everything they said.
minus-squareValmond@lemmy.mindoki.comlinkfedilinkEnglisharrow-up5arrow-down4·1 年前Say they have 1 billion in potential profits. Wow heey look at all those CEOs, let’s use 900.000.000 to raise their salaries, or use it to buy up some competitor! Uh oh, nothing left for the artists… except some well known ones who’ll get a sweet deal.
70% of Spotify profits is a ‘tiny tiny amount’?
Their last quarterly financial statements shows $65 million profit on $3.36 billion in revenue. So, yes.
70% of profits would be miniscule, but the figure is not true so you can safely disregard everything they said.
Say they have 1 billion in potential profits.
Wow heey look at all those CEOs, let’s use 900.000.000 to raise their salaries, or use it to buy up some competitor!
Uh oh, nothing left for the artists… except some well known ones who’ll get a sweet deal.