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Comment on Spotify re-invented the radio

selfreferentialname@monyet.cc ⁨1⁩ ⁨year⁩ ago

This is ridiculous. Spotify has been effectively doing dumping as an economic policy, and now that they have a sizeable portion of the market share, they’re turning to enshittification to make a profit. I see nothing defensible in that. The fact that they can’t turn a profit means that they’re trying to drive out competitors with less VC money.

We as consumers are not obligated to ensure healthy profit margins for random megacorps, and especially not ones engaged in anti-competitive behaviour, and it’s embarrassing to defend that. I’ve never used Spotify and I never will, but the idea that they lose money on every user tempts me. I second the other guy in the comments: If it isn’t economically viable, it shouldn’t exist. It’s just wannabe monopolism otherwise

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BraveSirZaphod@kbin.social ⁨1⁩ ⁨year⁩ ago
Fundamentally, no industry can survive on VC money forever, so there simply has to be some kind of crunch eventually, either by reducing the product, increasing the price, or both.

We as consumers are not obligated to ensure healthy profit margins for random megacorps

I mean, this is a nice sentiment in the abstract, but in actuality, we kind of are if we want the product to continue to exist. Spotify is not going to be able to operate at a loss forever, and while there is a discussion to be had about what level of profit is warranted, I don't think it's a particularly wild thing to say that the answer is at least non-negative profit.

If it isn’t economically viable, it shouldn’t exist.

What I genuinely don't understand is how you can simultaneously say that Spotify shouldn't exist if it's not economically viable, and at the same time, you'll also criticize them for any attempt to make it economically viable. If Spotify shouldn't offer the free tier because it's not viable, and you'll also attack them if they stopped offering it, what do you actually want them to do?

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- GeekyNerdyNerd@sh.itjust.works ⁨1⁩ ⁨year⁩ ago
  
  I mean, this is a nice sentiment in the abstract, but in actuality, we kind of are if we want the product to continue to exist
  
  Except what made the product attractive to the consumer are the very things making it unprofitable. Minimal ads, unlimited streaming of any and all music you want. Without that might as well stick to terrestrial radio, at least that doesn’t use up your mobile data.
  
  What I genuinely don’t understand is how you can simultaneously say that Spotify shouldn’t exist if it’s not economically viable, and at the same time, you’ll also criticize them for any attempt to make it economically viable. If Spotify shouldn’t offer the free tier because it’s not viable, and you’ll also attack them if they stopped offering it, what do you actually want them to do?
  
  The point you dismissed as a “nice sentiment in abstract” applies here: it’s completely irrelevant to the consumer. If Spotify dies we will just go to Apple/Amazon/Youtube Music, and if they all die that’s then iTunes and MP3s get to make a comeback.
  
  Spotify’s profitability is Spotify’s problem.
  
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  - theycallmedocworm@lemmy.world ⁨1⁩ ⁨year⁩ ago
    Yes we’ll all go back to those services and be worse off for it. The reality is, nobody outside of this congregation of websites wants to go back to downloading mp3s. Truthfully, most people on here don’t either. I have a TB SD card that’s over half full with flacs and I still use Spotify because the features it has are more convenient than setting all of that up myself, let alone trying to pirate older music that’s relatively obscure. You ever felt what it’s like to sit on 6 different torrents for the same album for 2 weeks with no seeds?
    
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    GeekyNerdyNerd@sh.itjust.works ⁨1⁩ ⁨year⁩ ago
    I was a young child during the napster days, and by the time my parents had anything better than dial-up iTunes had already taken off.
    
    Maybe I’m less into music than most people, maybe most are music enthusiasts who actually take full advantage of all the music, all the time, for a low monthly rate thing but i mostly listen to the same small handful of artists with only the occasional breakout towards newer things. If Spotify and YouTube Music were both to die all I’d have to do is spend a larger amount upfront but then I’d be back to pretty much the status quo, and without the monthly bill. So for me any sort of significant changes in price or quality of service completely negate the sole reason I bother with music streaming and that is convenience.
    
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ilinamorato@lemmy.world ⁨1⁩ ⁨year⁩ ago

If it isn’t economically viable, it shouldn’t exist.

If you’re claiming this as an axiom, I disagree. Public transit isn’t economically viable. Homeless shelters and soup kitchens aren’t economically viable. Increasingly in the modern world unbiased news isn’t economically viable. If you’re handicapped in some way you’re probably not economically viable. Honestly the human race isn’t really economically viable. Some things are objectively good and should exist at any price.

Now, I’m not under any delusion that Spotify is one of those things. Lol nope. But the statement on its own isn’t really a defensible one, and I think only the most strident Randian libertarians would try.

If you’re not claiming this as an axiom, and just saying that if Spotify in particular isn’t economically viable it shouldn’t exist, then I can probably get on board with that. But for my family’s mental health, I think a service like Spotify should. Or the return of a plurality of online mp3 storefronts.

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