They can afford stock buybacks, so they're not doing THAT badly. https://marketingreport.one/news/sp... of up to 10,000,000,expire on April 21, 2026.Are Spotify's claims of non-profitabilty based on cash money or FASB / IASB smoke and mirrors accounting rules? I lean towards the smoke and mirrors.
Tidal has an incredibly massive hip-hop, rap, r&b and also jazz collection with artists and albums that you will likely not find elsewhere. As soon as you move to other styles , the gaps start to appear, especially on music that is a few years old. And Tidal is very weak when it comes to classical music, which is the reason I dropped it after testing it for 2 months as an alternative to my Spotify Family subscription that I have been using for many years. Will now test out Apple Music and check if it is able to replace Spotify, which was great while they focused on serving music to their subscribers.Tidal claims to have "110 million tracks." Spotify claims to have "Over 100 million." So maybe that's changed? How long has it been since you checked?
I liked pocketcast for years.Contrary to what seems to be the prevailing opinion, I actually like having podcasts in with Spotify (obviously not Rogan). Can anyone recommend a good standalone podcast app?
I've been test-driving Tidal and the process of transferring over my music collection/playlists was pretty painless, although their library doesn't have some of the more esoteric tracks/albums. Mostly independent stuff missing, nerdcore artists in particular. The Tidal app works much, much better on my 2018-era phone and actually plays nice over BT with my car. Spotify's app is surprisingly bad in my experience.
Industry leading money losing product.I really hate the ongoing enshitification of services for the sake of „line goes up“.
Spotify is slowly destroying an industry leading product, the last Twitch mobile re-design is channeling a Wish-version of TikTok and is rage-inducingly horrid and companies are breaking great apps and great services left and right on the altar of „growth über alles“.
May the shirt sleeves of the persons responsible for this always slide down when washing their hands.
Since most of Spotify's cost is content (aka: music) and this solution comes with none of that... yeah. Buy one CD a month to populate the content and you're now spending more than you would for Spotify/Apple/Tidal/Youtube/etc.Spotify: Still offering nothing that you can't build yourself with a $400 minicomputer and open-source software.
It's crazy to me that so many on what was formerly a site for techies pay monthly for things that are trivial to build. At least running your own personal video site takes a lot of storage. The same is not at all true for music. (And if you need a service to help you discover new music, it's time to reevaluate your peer network.)
Podcast creator (and Spotify user) here. The majority of people in the USA listen to podcasts via Apple Podcasts or Spotify. Other platforms have way lower listenership. So if Spotify were to give up doing podcasts, that leaves a de facto monopoly for Apple, which feels undesirable for creators and listeners.
I am not sure what a "fair" or "sustainable" rate to pay for music streaming is, but I feel the price hike has rather poor optics for a couple of reasons.I agree with the comments about "just do music," certainly, and stuff like Car Thing just reeks of terrible leadership. That said, prices have risen economy-wide (just based on CPI) by about 40% since 2011, Spotify doesn't pay artists very much, and per the article, they have yet to achieve a profitable year. I'm sure the CEO is overpaid, but probably not by enough to make much of a difference, and the boondoggles (which were designed to be profitable, with music as the loss-leader) mostly appear to have failed. They can't lose money forever, so they're probably out of options here. The anger seems misplaced.
Realistically, $12/month for pretty much "all music" seems pretty fair---at least as compared to the absolute fragmented disaster that is TV/film. Having had Spotify for years, I've never had the urge to pirate music. For stuff I absolutely love, I'll buy the (wildly overpriced) CD and rip it, or I'll purchase FLACs from the labels that offer it (mostly classical). For everything else, Spotify seems pretty solid. I wish their app were better designed, but again, comparing it to the absolute trash that Hollywood streaming platforms have foisted on is, I really can't complain too much.
Wait do you get ads in Spotify even when you pay?
Many of us listen to amazon / apple / spotify / tidal for discovery, to find new music. Then we buy it.If you're willing to support artists more directly and listen to some more adventurous music, I would still suggest Bandcamp. Be more picky with your music, find Pay What You Like albums and build a library of tunes that will last you a lifetime.
I do still use Spotify daily and I am in its top 0.01 percentile of users, but as a musician who works from home that is an exceptional use case! For more meaningful interactions with music, I still can only think of a couple of much smaller services that do what Bandcamp does.
There's more to be said on the tumultuous history of Bandcamp's various acquirers/owners over the last few years but that's probably for another day.
I have Apple Music as a result of Spotify's antics, but I really don't like the Apple app: it's comparatively slow, glitchy and resource-intensive on every platform except iOS, and it's vaguely unpleasant to use. It's all lacking integration with other apps, and it's version of Connect is very weak.I did the same thing. Apple music is pretty good but Spotify definitely had a better app
On the flip side, it does not surprise me that a certain group of neckbeards don’t understand the difference between Spotify and streaming your own music. Or that they’re so lacking in the ability to appreciate being able to see tons of potential new artists without needing to also get hundreds of new friends.Spotify: Still offering nothing that you can't build yourself with a $400 minicomputer and open-source software.
It's crazy to me that so many on what was formerly a site for techies pay monthly for things that are trivial to build. At least running your own personal video site takes a lot of storage. The same is not at all true for music. (And if you need a service to help you discover new music, it's time to reevaluate your peer network.)
Stonks to the moon! I'll stick with low-expense-ratio mutual funds and ETFs like the S&P 500 (VFINX) instead of gambling on individual stonks based on feelings.I'm adding shares of Spotify tomorrow morning. This is just like Netflix where a dominant technology company receives overwhelming hate and criticism online... because they are the best.
They've raised prices 20% in 13 years total, that is not outrageous.
My personal anecdote, which is worth just as much as the anecdotal comments getting 99% upvoted in this thread, is that they could raise their prices way more and I would still prefer this app over the days of napster and limewire.
My personal anecdote, which is worth just as much as the anecdotal comments in this thread receiving 99% up votes, is thar Spotify has helped me to read again at this stage in my busy life and career.
I won't receive lavish internet points and visibility for my anecdotes like all thr bland criticism thats saying the boring things people want to hear, but Spotify, like Netflix, knows what they are doing and will thrive despite near unanimous social media hate.
They actually pay out more than that to the record labels, as that 63% figure only includes the income assigned against streams - leaked documents (Sony leak?) revealed they also have to pay major labels millions upfront to secure/retain contracts to the labels catalogues, offer them free ad slots, and in the early days had to give the labels equity in Spotify.For every dollar Spotify makes in revenue 63 cents goes to the record labels.
Then you have costs of running the company it's why after 18 years in it just had it's first quarter of profitability a paltry €197 million or 22 cents per paying subscriber per month.
Ugh, the latest Twitch update is so awful. I cancelled turbo and my subs and uninstalled the app. Openning the app is stress inducing now. Not something that should be said about your UX.I really hate the ongoing enshitification of services for the sake of „line goes up“.
Spotify is slowly destroying an industry leading product, the last Twitch mobile re-design is channeling a Wish-version of TikTok and is rage-inducingly horrid and companies are breaking great apps and great services left and right on the altar of „growth über alles“.
May the shirt sleeves of the persons responsible for this always slide down when washing their hands.
It's also one of the reasons they put money into Podcasts, as it turns out Podcasts was what actually drove them to profitability.
For the Musician, that actually depends on how many times you listen to their songs - if you pay $1 a song from Bandcamp they got paid once, but with Streaming they get paid per play - Spotify look to pay $2 - $4 per 1000 streams, so on the low end you are looking at ~500 plays to match the revenue of a purchase.I buy drm free music from Bandcamp (and occasionally other sources) and I feel pretty good about it. Musicians get a better cut, I get to keep the music, and I build up a library that I don't have to keep paying for.
Sure, some people are more of a "I never listen to the same track twice" user that might benefit from rental model. But I'm confident there's a chunk of users who are paying Spotify every month for the privilege of listening to the same couple albums.
Give the free trial a go. Use one of the free websites that syncs playlists and such so you don't have to rebuild your collection.Tidal is looking more and more attractive by the day. I have little interest in lossless music, but I have even less interest in streaming anything other than music through Spotify.
How so? If they were spending money on artists, sure, but instead they’re spending it on spreading alt-right fascism instead.
I have every right to be angry that they’re going to start charging more to support people who want to destroy the world.
Yes, it is a very smart thing to hate-spend because someone has a different opinion than you. You truly demonstrate what it is to be a Joe Rogan fan.Your reason to hate Spotify is.. Joe Rogan? Holy crap, maybe I need to get a Spotify family plan to support them..
Apple Music likes to take my massive driving playlist and "randomly" shuffle all the songs by one artist into one group.Worth noting here, but there is no way that random function is actually a uniform distribution. Like seriously I have my heart list with 600 songs or something and it plays maybe 30 or 40 of them at best regularly and I never hear anything else
This is just the tip of the iceberg. It's only going to get worse as they have to chase profits to build content. We began using "enshitification" way to early. We aren't even ankle deep yet.The goals of publicly-traded service companies (profit-seeking) do not mesh with the goals of the consumers of said service (affordability, usability, stability).
Don't worry. No matter how much you pay the labels, the artists will still get nearly none of it.How does it feel to ripoff artists?
I thought it was just me.I’ve switched over to Apple Music for one simple reason - I often listen to music on a train with very patchy mobile coverage, which means that my phone is mostly at the edge of reception with zombie internet - technically it’s there but mostly times out. Spotify just keeps pausing, despite all the music being downloaded and ready to play offline, but Spotify prefers to use the internet when available. So I’m left with choice: either turn off mobile data to have music playing or turn mobile data so I can slowly browse some internet but have constantly pausing music.
The solution was to use Apple Music which is more than happy to play music from downloaded files on my phone. Spotify didn’t care about my problem at all.