• kpw
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    12 years ago

    70% of Spotify profits is a ‘tiny tiny amount’?

    • Bonehead
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      82 years ago

      Their last quarterly financial statements shows $65 million profit on $3.36 billion in revenue. So, yes.

    • @[email protected]
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      42 years ago

      70% of profits would be miniscule, but the figure is not true so you can safely disregard everything they said.

    • @[email protected]
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      12 years ago

      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.