Can't even seek through songs.

  • Maalus@lemmy.world
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    1 year ago

    The point is they haven't turned a profit even with people having premium. So what's the reason for them to exist

    • ZoopZeZoop@lemmy.world
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      1 year ago

      This is the case with a lot of companies. Facebook didn't turn a profit for 10 years or something that sounds equally crazy.

      • mcqtom@lemmy.world
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        1 year ago

        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.

        • Risk@feddit.uk
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          1 year ago

          The analogy to a drug dealer is on point. They're relying on users being hooked on their dopamine outlet.

        • reinar@distress.digital
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          1 year ago

          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.

    • LinkOpensChest.wav@lemmy.one
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      1 year ago

      I'm absolutely not defending Spotify or any other capitalist entity, but profit by no means constitutes a reason to exist. I know plenty of people who have never turned a profit and in fact accrued debt who are far more valuable than any executive at Spotify.

      I just don't give a shit if Spotify or any major labels exist. I buy records and merch from independent labels run by people that actually have a soul.