this post was submitted on 17 Oct 2023
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Can't even seek through songs.

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[–] HerrLewakaas@feddit.de 17 points 1 year ago (4 children)

Spotify is losing money, they gain nothing by having free users, if they convert some people to paying customers it's worth it for them. You can't expect to listen to music for free when license holders charge ridiculous fees.

[–] ugjka@lemmy.world 14 points 1 year ago (1 children)

Yet they can bring in the fear factor blockhead and other hot garbage for how many hundreds of millions of dollars?

[–] Not_Alec_Baldwin@lemmy.world 8 points 1 year ago (1 children)

It's funny, Rogan lost me as a listener right around the time he made the Spotify deal.

At the time I actually had Spotify premium too, I just wasn't interested in the conspiracy right wing shit.

Then I pretty quickly got fed up with Spotify and dropped my sub altogether.

YARRRRR.

[–] ChexMax@lemmy.world 10 points 1 year ago (1 children)

I mean there are ads.. does the ad revenue not counteract the licensing fees?

[–] stockRot@lemmy.world 3 points 1 year ago (1 children)

How many people use ad blockers?

[–] kamenlady@lemmy.world 1 points 1 year ago

It's not like when an ad is served and seen by the user, the user always buys the advertised product...

They should come up with ad blockers, that block the ad on the user side, but did the system behind it, the ad is still being served and no one loses anything.

I guess, this is, what the ones are doing, that still work.

[–] kamenlady@lemmy.world 6 points 1 year ago

It's like the big awakening of licence holders. Like someone finally explained to them what the internet is, how it works, etc. All around, things are starting to get re-structured in the way it worked in irl before. The same charges and middlemen.

The gates to the open internet are being closed and the registers are being set up.

We're also not a consumer anymore, but a subscriber. A subscriber can be traced, bound to your product for a lifetime.

I only hope that, unlike movies and series, big labels don't get the idea of starting their own music streaming services and end the licensing to all existing music streamers.

For now it's like Netflix in the old days. All streamers have about the same catalog in music.

[–] Gabu@lemmy.world 4 points 1 year ago* (last edited 1 year ago) (1 children)

You can’t expect to listen to music for free when license holders charge ridiculous fees.

Except I can - there are amazing artists out there releasing their music for free.

Spotify is losing money

Then why are they still in business? Oh, that's right - because that's bullshit. The make-believe capital of the company may not be increasing, but I'll bet you the owners are lining their pockets.

[–] porkins@sh.itjust.works 1 points 1 year ago

They are a public company that was $4B negative free cash flow last year. The employees get paid, but I’d love for you to describe the mechanism where a board member derives value when the stock has tanked over the past two years unless you are saying that they are shorting it, which would be public information and get them kicked off the board typically.