The point is they haven’t turned a profit even with people having premium. So what’s the reason for them to exist
Comment on Spotify re-invented the radio
RobertOwnageJunior@lemmy.world 1 year agoBut their service is great if you pay form premium. Which is fine in my book.
Maalus@lemmy.world 1 year ago
ZoopZeZoop@lemmy.world 1 year ago
This is the case with a lot of companies. Facebook didn’t turn a profit for 10 years or something that sounds equally crazy.
mcqtom@lemmy.world 1 year ago
That’s more or less the problem (one of many problems I suppose). Companies seem to think it’s a good business model to burn money collecting a user base and then turn all their free users into paying users down the line.
Think drug dealers. They wanna be that.
Risk@feddit.uk 1 year ago
The analogy to a drug dealer is on point. They’re relying on users being hooked on their dopamine outlet.
reinar@distress.digital 1 year ago
it’s like this to eliminate competition, any alternative has to fund marketing costs + unsustainable pricing, while Spotify will be running their ponzi scheme, effectively leveraging their market position.
LinkOpensChest_wav@lemmy.one 1 year ago
I’m absolutely not defending Spotify or any other capitalist entity, but profit by no means constitutes a reason to exist. I know plenty of people who have never turned a profit and in fact accrued debt who are far more valuable than any executive at Spotify.
I just don’t give a shit if Spotify or any major labels exist. I buy records and merch from independent labels run by people that actually have a soul.
w2qw@aussie.zone 1 year ago
Don’t use it if you don’t like it.
Maalus@lemmy.world 1 year ago
Hurr durr can’t criticize cause I like it hurr durr
pHr34kY@lemmy.world 1 year ago
A hacked client on the free tier is also a decent experience.
This month’s expenses:-
I think I’m winning.