this post was submitted on 17 Oct 2023
1675 points (95.0% liked)
Technology
59223 readers
3221 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
But their service is great if you pay for premium. Which is fine in my book.
A hacked client on the free tier is also a decent experience.
This month's expenses:-
I think I'm winning.
The point is they haven't turned a profit even with people having premium. So what's the reason for them to exist
This is the case with a lot of companies. Facebook didn't turn a profit for 10 years or something that sounds equally crazy.
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.
The analogy to a drug dealer is on point. They're relying on users being hooked on their dopamine outlet.
I'm still waiting on porn to pull the rug and take away my good times
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.
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.
Don't use it if you don't like it.
Hurr durr can't criticize cause I like it hurr durr