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I opened Spotify this morning to be greeted by a modal popup with a "sponsored recommendation".
Why am I seeing ads if I'm already paying for the premium plan!? π
Greedy business model seems slightly unfair tbh. Spotify struggles to remain profitable and theyβve only raised their prices by like $1 in a decade
Maybe they shouldn't've thrown so much money into the pivot to podcasts, then thrown a bunch of money at that meathead idiot.
Yeah that $100 billion they gave Joe Rogan is where your payments go.
No company in their right mind would pay one person $100,000,000,000! Come on!
Just because they're incompetent doesn't mean they're not greedy.
Also, executives can still be cleaning up even as the company struggles to profit.
Executives being greedy isn't the same as a greedy business model
This makes no sense. Greedy execs are the ones who would implement a greedy business model to pursue their greed.
What part of the executive compensation package are you taking specific issue with exactly? From what I could see, they're largely paid in stock and the CEO hasn't taken a bonus since COVID.
Or are you just talking executives in general and not looking at what Spotify does specifically?
So they're incompetent on top of greedy. They're selling access to everybody's music and paying peanuts.
yeah, it's not spotify's fault that splitting $10/month between all the music you listen to doesn't pay the artists very much.
Yea, companies that pay more typically either charge more (Tidal) or have the advantage of a massive profitable company backing them (Apple Music)