Like the article explains, they can't price their services too expensively, because of competition. If Spotify becomes $25/month, most users will move to Apple Music or YouTube Music, etc.
4realz
joined 11 months ago
Wooh. 👀. This isn't Spotify's fault. They can't pay artists if they don't have money.
Exactly, Spotify is stuck between pleasing artists and the big publishers.
Netflix and X are both Tech companies, so this is tech related content. Which follows Rule 2 of the community. Posting about 'Drake's new music video' for example will be "unrelated stuff to this community".
Interesting, thanks for sharing. I'll have to do some more research on Elon then.
Oh. Noted.
Spotify is definitely not the villain here, they have created the best music streaming platform in the world. The big publishers also can't be called the villains per say, but it wasn't so nice of them to force a small startup (Spotify in it's early days) to sign contracts that will permanently force it to payout about $0.66 out of every $1 it makes.