… Except they gather your data and use it to try and make profit.
Say least radio required them to give genuine value to you. Radio had to give away shit and run contests to get caller info to figure out how many listeners they had, to get advertisers etc. It was a real business.
Spotify just buys the music catalogue and then forces you into their ecosystem.
ugjka@lemmy.world 1 year ago
This is enshittification 101
HerrLewakaas@feddit.de 1 year ago
Spotify is losing money, they gain nothing by having free users, if they convert some people to paying customers it’s worth it for them. You can’t expect to listen to music for free when license holders charge ridiculous fees.
ugjka@lemmy.world 1 year ago
Yet they can bring in the fear factor blockhead and other hot garbage for how many hundreds of millions of dollars?
Not_Alec_Baldwin@lemmy.world 1 year ago
It’s funny, Rogan lost me as a listener right around the time he made the Spotify deal.
At the time I actually had Spotify premium too, I just wasn’t interested in the conspiracy right wing shit.
Then I pretty quickly got fed up with Spotify and dropped my sub altogether.
YARRRRR.
ChexMax@lemmy.world 1 year ago
I mean there are ads… does the ad revenue not counteract the licensing fees?
stockRot@lemmy.world 1 year ago
How many people use ad blockers?
kamenlady@lemmy.world 1 year ago
It’s like the big awakening of licence holders. Like someone finally explained to them what the internet is, how it works, etc. All around, things are starting to get re-structured in the way it worked in irl before. The same charges and middlemen.
The gates to the open internet are being closed and the registers are being set up.
We’re also not a consumer anymore, but a subscriber. A subscriber can be traced, bound to your product for a lifetime.
I only hope that, unlike movies and series, big labels don’t get the idea of starting their own music streaming services and end the licensing to all existing music streamers.
For now it’s like Netflix in the old days. All streamers have about the same catalog in music.
Gabu@lemmy.world 1 year ago
Except I can - there are amazing artists out there releasing their music for free.
porkins@sh.itjust.works 1 year ago
They are a public company that was $4B negative free cash flow last year. The employees get paid, but I’d love for you to describe the mechanism where a board member derives value when the stock has tanked over the past two years unless you are saying that they are shorting it, which would be public information and get them kicked off the board typically.