3 ms·
Supposedly. They have never made a profit. Heck even if they did raise prices, the record labels will always get 70% of thier revenue.
by scarface_74 3y ago
Supposedly. They have never made a profit.
Heck even if they did raise prices, the record labels will always get 70% of thier revenue.
- smugma 3y ago*They were profitable last quarter. They’ve never made an annual profit. Spotify is reluctant to raise prices because it is still focused on growth and also, raising prices doesn’t really improve its margins (it has 75% COGS).