Can't even seek through songs.
this post was submitted on 17 Oct 2023
1667 points (95.1% liked)
Technology
59588 readers
2991 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
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.
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.