Labels take %70 of royalties, leaving Spotify %30. Also they dropped a lot of momey into podcasts. https://www.businessofapps.com/data/spotify-statistics/

Spotify hasn’t made a profit at all since its inception afaik.

Lemmy website is decent for me on mobile and PC alike, what are your complaints?

Fediverse and decentralism confused me initially but then I learned I can just sign up at lemmy.world and use it normally without having to know the backend.