Look, Spotify is 16 years old. It grew to have 200M paying subscribers.<\/p>\n
They were losing 39M euros last year and this year, they’re losing 270M euros. Net income: minus 430 million euros.<\/p>\n
This is not even supposed to be possible.<\/p>\n
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.<\/p>\n
Folks! Please buy music on Discogs<\/a> or Bandcamp<\/a>, and grab the rest on torrents\u2122. Listen to podcasts for free on Obama’s internet like it’s 2004.<\/p>\n","protected":false},"excerpt":{"rendered":" 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 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,5],"tags":[],"_links":{"self":[{"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/posts\/4481"}],"collection":[{"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/comments?post=4481"}],"version-history":[{"count":3,"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/posts\/4481\/revisions"}],"predecessor-version":[{"id":4494,"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/posts\/4481\/revisions\/4494"}],"wp:attachment":[{"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/media?parent=4481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/categories?post=4481"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/tags?post=4481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}