It’s worth noting though, that Spotify has been bleeding money since the start. I know they my be wasting a lot of money on side hustles but still. They’re not raking home any money. The only way the founders got rich is by the overinflated stock price.
Comment on After announcing increased prices, Spotify to Pay Songwriters About $150 Million Less Next Year
vinhill@feddit.de 1 month agoI wouldn’t assume a corporation is a moral entity, Spotify’s only goal is to maximise profit. Maybe it’s a problem of our economic system or regulations around monopolies.
Lifter@discuss.tchncs.de 1 month ago
lud@lemm.ee 1 month ago
I think they actually just started making a profit.
exanime@lemmy.world 1 month ago
I don’t think it’s about assuming anything… it’s about not burdening the consumer with regulating industry when it is clearly impossible to do so.
OP (of this thread) pitches Apple as an alternative… do you want to help artist a tad while also assisting a multi billion dollar company to continue to squash any possible ownership and right-to-repair chance the consumers has?..
There isn’t ONE large corporation that has not shown they would kill people if that made them money… so no, the consumer cannot, in practice, “vote with their wallet” into forcing any corporation anywhere near an ethics “green ground”