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Me Myself&I Music

Spotify

Look, Spotify is 16 years old. It grew to have 200M paying subscribers.

They were losing 39M euros last year and this year, they’re losing 270M euros. Net income: minus 430 million euros.

This is not even supposed to be possible.

If your company has 200 million people paying you every month and you can’t even turn a tiny profit, your business model is pure trash. Just trash.

Folks! Please buy music on Discogs or Bandcamp, and grab the rest on torrents™. Listen to podcasts for free on Obama’s internet like it’s 2004.

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