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Spotify passes 500M active users as operating losses deepen

29 pointsby keeganjwabout 2 years ago

6 comments

fasteoabout 2 years ago
&gt;&gt;&gt; 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.<p>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.
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jdalgettyabout 2 years ago
It blows my mind that a company can have 500M active users and still somehow lose money.
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webinvestabout 2 years ago
$200M of that loss went to Joe Rogan.
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Temporary_31337about 2 years ago
I tried to convince my son to try the spotify premium which is currently 3 months free trial. He said he does not need another service on top of YouTube premium and Apple Music even if it’s free. He’s not wrong. I’m not sure how a music only service can survive on its own- I often switch between videoclips, songs, podcasts with video or not, all on YouTube. Another app&#x2F;service for just some of these things is not convenient.
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barbariangrungeabout 2 years ago
Spotifys 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
two_handfulsabout 2 years ago
&gt; passes 500M active users<p>In which direction?