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The problem is that Spotify has to pay huge royalties to the studios instead of being able to make a large margin as other tech companies do. So they get squeez
by ilrwbwrkhv 2y ago
The problem is that Spotify has to pay huge royalties to the studios instead of being able to make a large margin as other tech companies do. So they get squeezed from both ends, on one side the customer who doesn't want to pay more and on the other side the music industry.
- golergka 2y agoShouldn't scale compensate for that? Any business works in the margin between what suppliers and customers could allow them, record shops too. But traditional businesses couldn't hope to get a significant part of the planet to be their customers.
- mrkeen 2y agoNot if their dealer charges them for each stream
- avtolik 2y agoWhat problems? The articles says "profit margins are hitting new highs, up to thirty per cent."
- ilrwbwrkhv 2y agoWell internally I know from folks that it is dire straits and they have their back against the wall with negotiations.