Yeah it's all the fault of the rightsholders. Definitely not bad management.
Not that I'm a fan of rightsholders but this is more like shifting the blame.
this post was submitted on 17 Dec 2023
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I believe Spotify is largely responsible for its own financial struggles. Knowing that 2/3 of their revenue goes to the greedy labels, they should consider scaling back on operational costs and excessive investments in advertising and celebrity podcast deals.
In a way, it serves them right. Spotify plays a significant role in transforming music into a product akin to fast food, prioritizing mass consumption over artistic value. This approach not only impacts their profitability but also contributes to a broader devaluation of music as an art form.
So fuck Spotify.
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