1016

Spotify has raised prices for the second time in a year, with no new benefits, after its CEO sparked outrage by claiming the cost of creating 'content' is 'close to zero' (www.techradar.com)

submitted 6 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world

249 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] Infynis@midwest.social 19 points 6 months ago

I'm sure there's tons they've made that their accountants have managed to classify as something other than "profit," so they don't have to pay taxes on it

[-] bolexforsoup@lemmy.blahaj.zone 3 points 6 months ago

First reasonable response I’ve gotten lol

[-] ThirdWorldOrder@lemm.ee 1 points 6 months ago

Most shitty companies do it with stock buybacks

this post was submitted on 04 Jun 2024

1016 points (99.0% liked)

Technology

60108 readers

1857 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago

MODERATORS