Spotify has raised prices for the second time in a year, with no new benefits, after its CEO sparked outrage by claiming the cost of creating 'content' is 'close to zero'(www.techradar.com)

posted 5 months ago

ForgottenFlux@lemmy.world

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dinckel@lemmy.world

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5 months ago

If anything, they’ve taken features away from people lately. The quality is still shit. Lossless is still nowhere to be seen. Free users are losing options too. Yet they’re making record profits, and jacking up the price

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AggressivelyPassive@feddit.de

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5 months ago

Spotify actually doesn’t make that much profit, if any.

But the record labels are major shareholders and definitely influence the pricing structure. Spotify is essentially a marketing frontend for the record industry.

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