• @AccidentalLemming@lemmy.world
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    322 years ago

    And still operating at a loss of 302 million euro. Consumers get price hikes, artists get peanuts, and Spotify is bleeding money. Who’s winning here?

    • Bernie Ecclestoned
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      182 years ago

      the company’s expenses for research and development, marketing, and administrative costs totaled a staggering €978 million

        • @golli@lemm.ee
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          132 years ago

          It also says marketing, so who knows how much of that is actually for research and development.

          I imagine spotify could research how to make their data centers and delivery more efficient, music suggestion algorithms, or just in general how to best retain and aquire new customers.

        • @endbringer93@lemmy.world
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          2 years ago

          How to make the most annoying, shitty player with no options and customizability which lags on any device. Money please!