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Paying, but not paying enough. Spotify's music streaming business is unprofitable, filling the inventory with cheaper content (and raising prices each year) is
by rchaud 3y ago
Paying, but not paying enough. Spotify's music streaming business is unprofitable, filling the inventory with cheaper content (and raising prices each year) is the only way.
- slater- 3y agomeanwhile they've pillaged the music industry on their way to not make any money off it
- photonthug 3y agoBill us what it costs then, consumers don't want hidden fees. Harassment, like resort fees and fake taxes, is a hidden fee.
- rchaud 3y agoThey'll lose customers if they charge a market price, it's already as expensive as most streaming video options (many of those are also not profitable). This is the Silicon Valley B2C model writ large: charge below-market prices with VC funds, hoover up millions of users, go public, then use outside financing to cover the operating losses and invest in new business areas. Finally, when financing becomes expensive, start raising prices.