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kmlx | karma 2728 | avg karma 1.58 2024-04-08 09:32:11 | [–] update item

> So Spotify is making money from your music.

not really: https://www.statista.com/chart/26773/profitability-developme...

> Since the beginning of 2017, the streaming service has generated a positive net balance in eight quarters, two of them in 2021.

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basisword | karma 22205 | avg karma 24.54 2024-04-08 09:55:25 | [–] similar comments

I would guess the huge sums they've blown on exclusive podcast deals and the repeated awful unnecessary redesigns go a long way towards that.

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