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I think this is going to be known as "the Millennial subsidized lifestyle era." Not that it was exclusively used by Millennials, but it's largely what they grew
by stubybubs 3y ago
I think this is going to be known as "the Millennial subsidized lifestyle era." Not that it was exclusively used by Millennials, but it's largely what they grew up with.
AirBnb was maybe the worst of the bunch, because it has such a dramatic negative externality on housing markets. Entire areas of Barcelona have essentially no real residents because even those who didn't sell to AirBnb investors found it unlivable with drunk tourists screaming around the apartment buildings at 3 am. I stopped using AirBnb because it was making it enjoyable to visit other cities, but destroying my own. It's also a lot more expensive for fewer amenities.
Spotify hasn't made any money yet. I wonder if they're going to start charging $30/month. Time for the return of CDs, vinyl, MP3s?
- user_named 3y agoTry bandcamp
- PokestarFan 3y agoHow does Spotify lose money? Audio isn't nearly as big as video files. Likely they are just going to make the free tier absolutely suck.
- raverbashing 3y agoAre they still paying exorbitantly for podcaster exclusivity?
- PokestarFan 3y agoOh yeah, podcasts. I honestly don't know why they're so desperate on attracting people for podcasts. Podcasts are much more unprofitable compared to normal music
- kjkjadksj 3y agoProbably harder to cut a good deal negotiating with the legal team of capital records vs a random podcaster.
- stubybubs 3y agoEstimated $200M for Rogan. I mean... did that really move the needle for them? Who thought, yes, they have practically every piece of music I want to listen to, but it's the Joe Rogan thing that made me finally sign up. The graph of subscribers shows really no change in the rate of subscribers: https://www.statista.com/statistics/244995/number-of-paying-spotify-subscribers/ https://www.statista.com/statistics/244995/number-of-paying-... Probably just more stock-pumping ZIRP big exit nonsense.
- peruvian 3y agoThey pay the record companies a lot of money to have their music on their platform.