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.
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.
You can’t expect to listen to music for free when license holders charge ridiculous fees.
Except I can - there are amazing artists out there releasing their music for free.
Spotify is losing money
Then why are they still in business? Oh, that’s right - because that’s bullshit. The make-believe capital of the company may not be increasing, but I’ll bet you the owners are lining their pockets.
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.
This is enshittification 101
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.
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.
Except I can - there are amazing artists out there releasing their music for free.
Then why are they still in business? Oh, that’s right - because that’s bullshit. The make-believe capital of the company may not be increasing, but I’ll bet you the owners are lining their pockets.
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.