Spotify passes 500M active users as operating losses deepen
1–10 of 28 posts
Re: Spotify passes 500M active users as operating losses deepen
#2>>> In January, following similar moves by other tech industry giants, the streaming giant announced it was cutting around 600 jobs out of around 10,000.
I would have guessed a total headcount of 2K-3K. Anybody has an idea of the approximate headcount by department ? 10K full time employees seem a lot to me.
Re: Spotify passes 500M active users as operating losses deepen
#3Spotifys privacy practices are sketchy. I don’t care if they fail when the execs brag about being able to profile people based on their listening habits
Re: Spotify passes 500M active users as operating losses deepen
#4It blows my mind that a company can have 500M active users and still somehow lose money.
Re: Spotify passes 500M active users as operating losses deepen
#5It blows my mind that a company can have 500M active users and still somehow lose money.
Anytime Spotify makes money the music labels up their prices. Music streaming is not that great of a business model.
Re: Spotify passes 500M active users as operating losses deepen
#6$200M of that loss went to Joe Rogan.
Re: Spotify passes 500M active users as operating losses deepen
#7Re: Spotify passes 500M active users as operating losses deepen
#8It blows my mind that a company can have 500M active users and still somehow lose money.
Anytime Spotify makes money the music labels up their prices. Music streaming is not that great of a business model.
What about the podcast space?
They already invested hundreds of millions on Joe Rogan and can't even develop a half-decent podcast interface.
Maybe they could improve on that front and diversify a bit?
Re: Spotify passes 500M active users as operating losses deepen
#9Re: Spotify passes 500M active users as operating losses deepen
#10Earlier quoted context omitted.
Anytime Spotify makes money the music labels up their prices. Music streaming is not that great of a business model.
What about the podcast space? They already invested hundreds of millions on Joe Rogan and can't even develop a half-decent podcast interface. Maybe they could improve on that front and diversify a bit?
The thinking may have been that they cannot make money from music, but maybe podcasts could be profitable.